The oil market has continued to rise strongly for three consecutive weeks. The global oil market has faced a price shock due to the failure to reach a clear conclusion in OPEC Plus. Brent oil also benefited from OPEC Plus' move, and its price is expected to rise by 10% by next week. Consumerism in the field of energy has sounded the alarm on environmental indicators.
An OPEC summit was held on Friday to agree on increased production and rising oil prices. Despite the growth of countries' production due to the relative economic prosperity in the world after the curfew, we saw that the UAE opposed the final result in this meeting. At the meeting, Iran also wanted to reach production before the sanctions were imposed.
World oil prices are reported to be rising due to the growth of industrial movements and the departure of some industrialized countries from the Corona crisis. Oil prices are projected to reach $ 100 a barrel in the next six months. This is a blessing in disguise for the oil-rich countries.
According to some analysts, Iran's oil supply could be a threat to energy markets if the Barjami talks succeed. Because Iran has offered its oil to the market even in the worst conditions of sanctions.
With the arrival of Borjam in the new chapter of its negotiations, the Iranian oil market has flourished and Iran has also used this opportunity well. The nature of Iranian oil has caused many buyers to place an order to buy Iranian oil. This issue is not pleasant at all for the countries of the region, especially Saudi Arabia and Israel, and they are trying to continue the negotiation process.
The global oil market has experienced tense conditions in recent days. The predominant view of oil prices in world markets is rising and rising prices. But some factors such as the widespread outbreak of the corona in India and the closure in this country and on the other hand disagreement The Indians and Saudis have been pushing for oil prices. Iran-US talks are also an issue that has scenarios for the oil market ahead.
The global oil market has been eyeing OPEC behavior in recent days, and changes in the energy body have set the course for the future direction of the oil market. Under these circumstances, the market situation will end in Iran's favor.
Global oil markets are rising at an astonishing rate, and buyers have taken over the bulk of the market in almost every oil market in the world. Unprecedented US cold and government incentives and the reopening of factories and hidden Chinese purchases have pushed up oil prices around the world.
The oil market around the world is growing slowly and steadily and is expected to see another ten percent increase in prices. In this market, certain uncertainties such as the results of vaccination are also influential, and Iran should gain the most advantage from the booming oil market in the current situation by negotiating with the American side.
It seems that due to the supply of iron ore in the commodity exchange, we will face more transparent prices, because the list of buyers and sellers can conclude several contracts with each other through existing systems such as Optimizer, which is an issue. Gives a perspective on steel and mining.