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February 21, 2025
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Oil prices fall against uncertainty about supply

Oil prices fall against uncertainty about supply

The oil prices They fell on Friday, weighed down by the absence of large supply interruptions after Ukrainian attacks against Russian infrastructure and the expectation of investors that the United States raise the sanctions against Moscow.

The price of the barrel of Brent del Mar del Norte For delivery in April it dropped 2.68%, to $ 74.43.

Its American equivalent, the barrel of West Texas Intermediate (WTI) For delivery in the same month, which is used for the first time as a reference contract, dropped 2.99%, to $ 70.40.

Prices went down because “there have been no new Ukrainian attacks” against the Russian energy sector and “the Caspian pipeline consortium (CPC) seems to work without interruption “Despite the concerns of the operators, John Kilduff told AFP of Again Capital.

According to a Transneft statement, the CPC operator, seven explosive drones attacked Monday INfrastructures of the pipelinewhich transports raw from Kazakhstan to Europe through Russia and the Black Sea.

As a consequence of the damage caused by the attack, Transneft declared on Tuesday that it expected the volume of oil pumped from Kazakhstan to fall “about 30%” for about two months.

However, the operator said Friday that “the crude oil (…) It is being ensured by raffling the pumping station that has been out of service “and that the load of ships” in the maritime terminal is currently underway under normal operating conditions. “

In addition, “it is only a matter of time for Trump to raise the sanctions (Americans) against Russia” in the framework of negotiations to resolve the conflict in Ukraine, according to Arne Lohmann Rasmussen, Analyst of Global Risk Management.



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