Oil Prices Decrease: Market Anticipates Easing of Sanctions Against Russia.
21.01.2025
1753
Journalist
Shostal Oleksandr
21.01.2025
1753
Oil prices have dropped due to expectations of easing restrictions from the agreement between the USA and Russia regarding the end of the war in Ukraine. This easing leads to reduced concern over oil supply due to increased sanctions.
The price of Brent crude oil futures has fallen to $80.63 per barrel, while WTI oil has decreased to $77.33 per barrel.
Analysts emphasize the risk of a short-term price increase in the event of actions taken by the Trump administration. He promises to quickly end the war between Russia and Ukraine and lift some restrictions to achieve an agreement.
New sanctions are likely to lead to a decrease in oil supply in the short term.
Read also
- The media revealed the details of a possible peace plan for Ukraine
- The import of civilian drones to Ukraine has increased by a third since the beginning of the year
- In Ukraine, the defense resource management system is being modernized according to NATO standards
- War in Gaza: How HAMAS Distorts Casualty Statistics - A Study
- The Armed Forces of Ukraine explained why Russian troops are retreating from the western outskirts of Pokrovsk
- Enemy losses as of April 22, 2025 – General Staff of the Armed Forces of Ukraine
