Oil prices rose again in volatile trading this morning (Monday) in Asia after US President Donald Trump's new threats against Iranian infrastructure.
Afghan Voice Agency (AVA) - International Service: The BBC news network, in its report, announced that Brent crude initially rose above $110 per barrel, claiming that the release of news about possible negotiations to end the US and Israeli aggression against Iran caused a drop in crude oil prices; a claim that Iran has not yet confirmed.
Reuters also reported that OPEC+ agreed yesterday (Sunday) to increase its oil production quota by 206,000 barrels per day for May; a limited increase that will remain mostly on paper in practice, as key members of the group are unable to increase production due to the ongoing war against Iran.
Reuters also reported that OPEC+ agreed yesterday (Sunday) to increase its oil production quota by 206,000 barrels per day for May; a limited increase that will remain mostly on paper in practice, as key members of the group are unable to increase production due to the ongoing war against Iran.
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