The world oil prices on Thursday morning demonstrate a decline after a rise in price by 2% on the eve of the events, the markets continue to evaluate the factors that may affect the offer. According to Prime, this is evidenced by the data of the auction and comments of analysts.
The cost of April futures on Brent is decreasing by 0.85%, to $ 87.99 per barrel, Martov futures on WTI – by 0.87%, to $ 86.59.
The price of March futures for Brent oil exceeded the day earlier $ 90 per barrel for the first time since October 13, 2014, and in two days, oil has risen in price by almost 5%.
Goldman Sachs analysts, which quotes the Wall Street Journal newspaper believe that the tensions between Russia and Ukraine may not cause notable interruptions in the supply of energy. And such a factor in general is negative for oil quotes.
Markets also expect the next meeting of OPEC + February 2, which will be decided on oil production in March. It is expected that OPEC + will continue to increase production on the planned 400 thousand barrels per day every month.