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Small changes in oil prices as hope in peace between Ukraine and Russia weakens

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Small changes in oil prices as hope in peace between Ukraine and Russia weakens
Photo: Archive

Oil prices on Friday have not changed a lot as the current peace between Russia and Ukraine weakens, increasing the premium of the risk of oil and bringing prices on the path of the two-seaterly series of losses.

The price of crude oil Brent fell by 12 cents to 67.55 dollars per barrel from 7. 15 AM Saudi-Time, while the raw oil prices of West Texas Intermediate fell 10 cents to a 63.42 dollar per barrel.

Both prices rose by more than one percent in the previous trading. Brent rose 2.7 percent this week, while WTI received 1.1 percent.

Traders include a higher risk because the U.S. President Donald Trump can quickly mediate the agreement on the end of the war between Russia and Ukraine, which encouraged the sale of oil in the last two weeks, pale.

(Vijesti.ba / Fena)


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