Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Oil price continues to decline after OPEC+ decision


August, 04 2025
watermark Economic news

At the beginning of trading on August 4, Brent crude oil prices fell by 0.95%, and by mid-afternoon futures for October delivery fell by 1.85%, reaching $68.36 per barrel. The main factor in the decline was OPEC+'s decision to increase oil production by 547,000 barrels per day from September, which prematurely compensates for some of the previously voluntarily reduced volumes.


Additional pressure on the market was exerted by the news that the BP oil company has discovered the largest oil and gas field off the coast of Brazil in 25 years. This discovery was the most significant for the company since 1999, when Shah Deniz was found in the Caspian Sea.


The negative background was also reinforced by Bloomberg reports on the continuation of Russian oil supplies to India, despite sanctions pressure from the United States and the EU. According to vessel tracking data, four tankers delivered about 3 million barrels of Russian oil to India over the weekend.


Market analysts have noted conflicting signals. Some believe that OPEC+'s decision on production has already been factored into prices, but rising supply increases the risk of an excess of raw materials. A number of experts do not rule out a reduction in Brent prices to $65.8-67 per barrel. Only the geopolitical uncertainty surrounding supplies from Russia can provide support.



    






hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2025 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.