Future oil contracts have dropped $ 1.70, or 2.5%, up to $ 66.26 Barrel, after closing Thursday. (Photo: Reuters / Stringers / Archivo)
Prices lubricate Was closed to a point more than 2% Monday (21), due to the development of the progress of negotiations between America and IranWhile investors are concerned about the economic wind of taxes that can reduce the need for fuel.
Future oil contracts have dropped $ 1.70, or 2.5%, up to $ 66.26 Barrel, after closing Thursday. Thursday was the last day of closing last week, due to good Friday’s holiday.
The West Texas’s middle oil from the United States has dropped $ 1.60, or 2.5%, up to $ 63.08 Barrel, after contacting the previous session.
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“Negotiation between America and Iran look positive, and allow people to start thinking of the possibility of solution,” the Childy Childer The Wherx.
“Emergency effects will be that Iran oil is not missing from the market.”
Markets also have little liquid because of Christmas vacation, which may aggravate the activity movement, he added.
Iranian Foreign Minister in Iran said Iranian Foreign Minister of Foreign Affairs of Iran, said that my US agency was described as “very good development.”
Progress occurred after new sanctions imposed last week with the independent oil production in China, according to Iran’s oil pressure.