The price of Brent crude fell more than 5% during the week, according to trading data on the London Ice Futeres exchange.
As of 15:40 Moscow time, April Brent futures were trading at $78.66 per barrel; This was $4.29 (5.17%) lower than the closing price last Friday, January 26.
At the same time, the cost of March WTI futures was $73.88 per barrel (-5.29% for the week).
“Ongoing geopolitical tensions will continue to put upward pressure on prices. Until the conflict in the Middle East subsides, we expect volatility in the market to increase and a price range of 80-90 dollars per barrel,” Anton Kravchenko, head of the capital department of Pervaya Management Company, writes in his note.
Before reportedIt was stated that LNG revenues in Europe fell to the lowest level in three months in January. This figure was 10.65 billion cubic meters. m (-6% on an annual basis). At the same time, the EU continues to actively draw gas from underground storage facilities. Stocks have already fallen below 72%.
Formerly Moldovan Ministry of Energy accepted Gas import from Russia.