A slight rise in oil prices, amid focus on the development of Ukraine and Iran files

Oil prices ended the trade session slightly after a volatile day of trading, with investors looking for indicators related to the ceasefire between Russia and Ukraine, and the possibility of reaching a nuclear deal with Iran. Brent Ru Futures rose to stabilize $ 65.50, and the West Texas West -ru Rose. US President Donald Trump said that Ukraine and Russia will show talks to end the war between them immediately, after a phone call he had on Monday with Russian President Vladimir Putin. “With the low expectations to this extent, any progress of the ceasefire is seen as a modest positive development of negotiations, but it has a slightly falling impact on crude prices.” “However, I want to confirm that the potential impact on the market will be much greater when it comes to Iran,” she added. Fear of Iran increases the market fluctuations, and adds ambiguity to the possibility of reaching an agreement with Iran to the volatility in the oil markets. President Masoud Bouchakian said in statements to the government’s television that Tehran “under no circumstances will not give up his pursuit of civilian nuclear energy.” His remarks came at a time when the speech had escalated between the Iranian and US officials over the past few days. Investors carefully monitor the developments, which eliminate sanctions, whether on Iran or Russia, more barrels can be added to a global market that faces a vulnerability this year. In contrast, the rise of sanctions can increase prices. Conflicting indicators of markets and the actual demand that oil prices have fallen into the session earlier, parallel to the drop in risk -fringe assets, after Moody reduced the US government’s higher credit rating. The agency said the discount decision, which came to similar steps from other major classification agencies, could improve the growing concerns of Wall Street over the US sovereign bond market and the slowdown in the economy, which casts a shadow over the prospects for oil demand. However, the actual market produced positive signals as the appetite for purchase returned to the North Sea market on Monday, where six shippings were distributed. A group of unanswered purchasing offers also appears on the US crude in Europe and the degrees of the North Sea. Geopolitical tension supports prices despite the fear that oil prices have recovered over the past two weeks, amid the increase in ambiguity with the progress of American -Iran discussions, and to the strikes that Israel has launched in areas controlled by the Houthi in Yemen, promised to respond. Nevertheless, futures are still low in more than 10%, with the Trump’s commercial war threatening to claim, and the return of the “OPEC+” coalition to pump production that was previously frozen to a market that is expected to be a surplus in the offer later this year.