Around 10:55 a.m. GMT (12:55 p.m. CET), the price of a barrel of Brent BRENT Brent, or North Sea crude, is a variation of crude oil serving as a benchmark in Europe, listed on the InterContinentalExchange (ICE), a stock exchange specializing in energy trading. It became the first international standard for setting oil prices. from the North Sea, for delivery in December, grapple 0,07% has 74,27 dollars.
Its American equivalent, the barrel of West Texas Intermediate (WTI WTI West Texas Intermediate (WTI), also called Texas Light Sweet, is a variation of crude oil that serves as a standard in setting the price of crude and as a raw material for oil futures contracts with the Nymex (New York Mercantile Exchange). ), the stock exchange specializing in energy.), for delivery in November, is barely appreciated, from 0,06% has 70,43 dollars.
“Oil prices are flat“while investors”assess the risk in the Middle East and a fragile balance of the oil market in 2025“, summarize DNB analysts.
Nearly a month after the start of its open war with pro-Iranian Hezbollah, Israel continues its fire on Lebanon and carried out an airstrike Thursday on the Syrian city of Latakia, according to official Syrian media.
American stealth bombers also announced that they had hit ammunition storage sites of the Houthi rebels, who control large swaths of Yemen and have for months been carrying out attacks against Israel and ships allegedly linked to them, in support of Hamas.
Iran, an ally of the Syrian regime, the Houthis, Hezbollah and Palestinian Hamas, for its part threatened Thursday to attack “painfully“Israel if it hit targets”in Iran or the region“, in response to the missile attack carried out by Tehran on Israeli territory on October 1.
Good that “vigilant“, “the market has eliminated part of the risk premium” which had caused prices to inflate amid the uncertainty of Israel’s retaliation to these Iranian shots, recall Energi Danmark analysts.
Black gold prices collapsed on Tuesday after a Washington Post article relayed statements by Israeli Prime Minister Benjamin Netanyahu saying he planned to target military infrastructure in Iran, without explicitly considering attacking the oil sector. .
Furthermore, figures released Wednesday by the US Energy Information Administration (EIA) showed that crude oil stocks increased much more than expected last week in the United States, against a backdrop of a further slowdown in refineries.
Fears of a supercharged market were also fueled by several reports from OPEC+ and the International Energy Agency (IEA) earlier this week, which is likely to further weigh on prices.
(c) AFP
Commenter Oil sluggish in the face of uncertainty in the Middle East
Community barrel price
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