Crude oil prices fall another $2 as Russia-Ukraine talks progress – Businesstoday

World crude oil prices fell 1.65-2.04%, or regarding $2, in response to the latest round of Russia-Ukraine peace talks, signaling more positive signals.

The movement of foreign crude oil prices as of March 30, 65 has been changed according to the types of references as follows:

• West Texas (WTI) was $104.24/barrel, down $1.72 or 1.65%.

• Brent was $110.23 a barrel, down $2.25, or 2.04%.

Analysts of Thai Oil Public Company Limited revealed that West Texas and Brent crude prices were down. After the peace talks between Russia and Ukraine in Turkey in the past. signal more progress The Russians withdrew large numbers of troops from Kiyv and other cities. While Ukraine has announced that there is more “neutral”

In addition, the epidemic of the COVID-19 virus In China, market pressure continues. After China announced a lockdown in Shanghai. With a population of 26 million over a period of nine days, economic activity and oil consumption in the country have declined.

However, following the market close, the US Petroleum Institute (API) reported that US crude inventories at the end of March 25, 65 fell by 3.0 million barrels, while gasoline inventories were down 1.4 million barrels. was down by 0.22 million barrels.

Leave a Replay