European indices are in the positive today, April 14, and the price of Brent oil fell to 98 dollars, as investors were encouraged by the statements of the US vice president JD Vance and expect the continuation of negotiations between the United States of America and Iran on a ceasefire in the Middle East.
According to data from the energy market, the price of crude oil fell by 3.48 percent to $95,582 per barrel at 9:30 a.m., and the price of Brent oil fell by 1.35 percent to $98,047.
In an interview with Fox News, Vance noted that Washington and Tehran officials had “good talks” over the weekend that he said helped clarify US priorities, including reopening the Strait of Hormuz, a key international oil route.
“They have moved in our direction, which is why I think we could say we have some good indications, but they haven’t moved enough,” Vance said, referring to the US-Iran talks in Islamabad.
According to him, further steps in the peace negotiations depend on Tehran, and he also believes that the eventual agreement could be beneficial for both sides if the US conditions were met, especially in connection with Iran’s nuclear program, reports CNBC.
European gas futures for May were sold at the opening of the Amsterdam TTF exchange at a price of 45,650 euros per megawatt-hour.
The DAX index of the Frankfurt Stock Exchange rose by 0.95 percent to 23,975.02 points, the French CAC 40 by 0.37 percent to 8,266.24 points, the British FTSE 100 by 0.25 percent to 10,608.92 points, the Moscow MOEX rose by 0.07 percent to 2,722.84 points.
In Europe, investors are following wholesale prices in Germany, inflation data in Spain, as well as earnings reports from BMW and Kering, as well as the latest projections from the International Monetary Fund (IMF) on economic growth.
The value of the euro against the dollar on the Forex exchange today is 1.17937 dollars.
The price of gold rose to $4,793.34 per troy ounce, and the price of wheat to $5.8229 per bushel (a bushel equals 27.216 kg).
The American stock index Dow Jones rose by 0.63 percent to 48,218.25 points, the S&P 500 by 1.02 percent to 6,886.24 points, and the Nasdaq by 1.23 percent to 23,183.74 points, reports Tanjug.
