Yaz talebi görünümü, petrol fiyatlarını yükseltiyor

Gold 10 data 1 July news, due to the forecast support of the peak of summer fuel consumption and the supply shortage caused by OPEC+ third-quarter production reduction, oil prices rose on Monday. In June, both US and Brent oil contracts rose by about 6%. After OPEC+ extended most of the deep oil production cut agreement to 2025, Brent crude oil stabilized above $85 in the past two weeks. Analysts expect a supply shortage in the third quarter due to reduced inventory caused by summer transportation and air conditioning demand. Warren Patterson, a Dutch international analyst, said that we remain optimistic about Brent oil despite concerns about demand. IG analyst Tony Sycamore said that hopes for a Fed rate cut, concerns about the European political situation, and the escalation of the conflict between Israel and Hezbollah also provided support for oil prices. He said that if oil prices stay above the 200-day moving average of $79.52, the recent rally in WTI crude oil could extend to $85. Traders are also closely monitoring the impact of hurricanes on oil and gas production and consumption in the Americas.