Oil prices still land amid optimism about conversations with Iran
Oil prices fell for the second consecutive day to a report indicating the readiness of Iran to abandon nuclear weapons in an agreement with the United States, in exchange for lifting sanctions. The crude oil “West Texas” decreased and approached $ 62 a barrel after dropping 0.8% on Wednesday, while Brent Crude closed near $ 66. The “NBC” network, with the quote of Ali Shamkhani, the prominent Iranian guide adviser, reported that Tehran is ready to sign an agreement on certain conditions. The crude prices fell on Wednesday after the government’s data showed that US shares scored the highest rise since March, ending four days in a four -day increase during which it earned about 10%. This Ascension was powered by a trade statement between China and the United States, and the escalation of President Donald Trump his hostile accent to Iranian supplies. The offer of the supply despite these moves has been around 13%since the beginning of the year, and US producers have indicated that they do not expect a significant change in prices before the end of the year. It is expected that the increase in supplies from Iran will contribute to the exacerbation of a possible vaccination in the market later this year, especially after the Organization of Petroleum Exporting Countries (OPEC) and its allies last month began to recover the supplies suspended since 2022, according to a monthly report on the day of 13 thousand a day per day. The coalition is expected to consider another increase in production at a meeting on the first next June. The International Energy Agency, which gives advice to the consuming countries and its reports, followed by the traders, will issue their latest estimates on the offer and claim on Thursday in Paris.