Oil prices on Friday

Oil prices on Friday

On Friday, the price
of oil fell. By 13.13 MSK Brent
It is priced at $ 63.05 per barrel
August delivery. WTI
It fell to $ 59.44.
Investors are waiting for the outcome of negotiations on
Iran’s nuclear program. If Tehran
agree with the major world powers
on the facilitation of international trade
sanctions, Iran’s oil exports could
grow strongly. This, in turn,
will lead to an increase in the global
glut the oil market. Some
experts suggest that the development of
This scenario will provide a price drop
“black gold” of about 5 – 10%.

negotiations on
Greece also worried oil investors.
If the country defaulted on its
debts, the dollar may strengthen to
euro, providing additional
pressure on oil and other raw materials
goods.

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