A barrel of Brent oil is sold for $106.19 in international futures markets.
The barrel price of Brent oil, which rose to $111.49 yesterday, completed the day at $105.02.
The forward barrel price of Brent oil increased by approximately 1.1 percent compared to the closing time at 09.31 today, reaching 106.19 dollars. At the same time, West Texas Intermediate (WTI) crude oil was sold at $99.33 per barrel.
While the rise in prices was driven by concerns that global supply may shrink and the decline in US crude oil stocks above expectations, the relative decrease in tensions in the Middle East limited the rise.
US President Donald Trump answered questions from members of the press about Iran at the airport on his return to Washington from a graduation ceremony he attended in Connecticut.
Answering a question about the current situation regarding Iran, Trump said that the current situation is “right at the border.”
“If we achieve this (an agreement), we will save a lot of time, energy and most importantly lives,” said Trump, adding, “We must get the right answer from them, it must be a completely 100 percent correct answer, otherwise things will move very quickly.” he said.
Trump also emphasized that the leaders they are currently meeting with in Iran are more “logical” and “reasonable” than the previous ones and said, “I must tell you that we are dealing with very good people. Talented and intelligent people. I hope they will make a deal that will be great for everyone.” he said.
In addition, Feda Hossein Maliki, Member of the National Security Commission of the Iranian Parliament, stated that Pakistani Chief of General Staff Asim Munir will convey a new message from the USA to Iran.
According to Iranian media, Maliki made a statement regarding the ongoing negotiations between Iran and the USA.
Regarding the issue, Maliki said, “Pakistani Chief of General Staff Asim Munir will convey a new message from the USA to Iran tomorrow.” he said.
On the other hand, the US Energy Information Administration (EIA) announced that commercial crude oil stocks in the country decreased by approximately 7 million 900 thousand barrels last week to 445 million barrels. Market expectation was that stocks would decrease by approximately 2 million 500 thousand barrels.
Strategic crude oil stocks, which are not included in commercial crude oil stocks, decreased by approximately 9 million 900 thousand barrels to 374 million 200 thousand barrels.
During this period, US gasoline stocks decreased by approximately 1 million 500 thousand barrels, reaching 214 million 200 thousand barrels.
It is stated that technically $ 106.57 can be watched as resistance and $ 104.87 as support zone for Brent oil.
