Economics

Through Ukrainian strikes on the refinery: in Russia sharply jumped out oil prices - Reuters

To spread: on Tuesday, September 2, world oil prices showed an increase in the backdrop of increasing fears about disruptions with the supply of Russian "black gold". The escalation of the conflict between Russia and Ukraine and the recent attacks of Ukrainian drones on Russian refineries have increased the alarm in the market, and investors also look at the possible reduction of interest rates of the US Federal Reserve. About it reports Reuters. The cost of Brent oil rose by 37 cents, or 0.

54%, up to $ 68. 52 per barrel, and the price of WTI oil increased by $ 1. 01, or 1. 58%, to $ 65. 02 per barrel. Senior market analyst Phillip Nova Priyanka Sachdeva noted that short -term support for oil prices is ensured by the prospect of softening the monetary policy of the Fed. Meanwhile, the attacks of Ukrainian drones have led to stopping objects that accounted for at least 17% of Russian oil refineries, or 1. 1 million barrels per day, according to Reuters estimates.

The senior Anz raw markets strategist, Daniel Hines, stressed that the risks to Russia's energy infrastructure remain high: "Last weekend, Ukraine has again struck Russian refineries, increasing attacks on infrastructure. " Investors are also waiting for OPEC members+ 7 September meetings to receive signals for future production plans. So far, the market suggests that the group will retain current production volumes unchanged.

According to the international energy agency, the combination of an increase in oil supply with fears about the economic consequences of the introduction of duties leads to the fact that the increase in supply is ahead of demand. Ing analysts say that "the scale of the surplus of next year means that OPEC+ is unlikely to increase deliveries to the market. A more serious risk is that the group can restore the reduction of production due to concerns about surplus.