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The oil market is falling lower and lower

The oil market is falling lower and lower 

The oil market does not stop falling. According to the data at 10:55 Moscow time, March Brent futures fell 0.15% to $ 64.92 a barrel, and February WTI futures fell 0.29% to $ 58.99 a barrel.

 Oil market [19659003] The situation in the Middle East continues to be in the spotlight <a href= of the oil market . At the end of last week, geopolitical tensions between the United States and Iran eased somewhat.

This reduced the risk of interruptions in the supply of raw materials. Earlier Wednesday, US President Donald Trump announced that he would limit himself to sanctions on Iran, which launched rocket attacks on US bases in Iraq.

The oil market is waiting for the signing of a US deal with China

Investors continue to monitor the trade relations of Washington and Beijing. Chinese Prime Minister Liu He will pay a visit to the United States on January 13-15 to sign the first part of the trade deal.

The parties announced on December 13 that they had agreed on the text of the first part of the trade agreement. Within its framework, the countries agreed not to introduce new duties on each other, which were to enter into force on December 15.

As part of the agreements, the United States will retain duties of 25% on Chinese goods worth about $ 250 billion. And a duty of 7.5% will be imposed on goods worth $ 120 billion.

China, in two years, should increase purchases of American agricultural products by $ 50 billion a year. :

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