{"id":1325556,"date":"2025-11-26T13:20:48","date_gmt":"2025-11-26T11:20:48","guid":{"rendered":"https:\/\/prm.ua\/oil-prices-are-exploding-possible-peace-between-ukraine-and-russia-is-putting-pressure-on-the-market\/"},"modified":"2025-11-26T13:20:48","modified_gmt":"2025-11-26T11:20:48","slug":"oil-prices-are-exploding-possible-peace-between-ukraine-and-russia-is-putting-pressure-on-the-market","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/oil-prices-are-exploding-possible-peace-between-ukraine-and-russia-is-putting-pressure-on-the-market\/","title":{"rendered":"Oil prices are exploding: possible peace between Ukraine and Russia is putting pressure on the market"},"content":{"rendered":"

Global oil prices fell to their lowest levels in a month yesterday, driven by forecasts of oversupply in the market and expectations of a possible peaceful settlement between Russia and Ukraine, which could affect production and export volumes.<\/strong><\/p>\n

It is noted that quotes showed a slight recovery after a sharp decline, Reuters reports<\/a> .<\/p>\n

Brent futures rose 0.43% to $62.75 a barrel, while U.S. West Texas Intermediate (WTI) added 0.41% to trade near $58.19 a barrel.<\/p>\n

According to Priyanka Sachdeva, senior analyst at Phillip Nova, the current rise looks more like a brief technical pause:<\/p>\n

“This is not a sustainable trend. Short-term upward moves may occur due to weaker inventory data and short coverage, but such impulses are short-lived and are not capable of turning the market around.”<\/p>\n

Analysts note that the general mood of investors remains “bearish.” Forecasts for 2026 increasingly include a supply surplus, while there are no signs of strong demand growth – this is what continues to put pressure on the market and restrain a possible price recovery.<\/p>\n

As a reminder, Russian budget revenues from oil and gas sales may decrease by approximately 35% in November compared to November of last year.<\/a> Analysts note that the key factors were the fall in oil prices, the strengthening of the ruble, and the impact of sanctions.<\/p>\n

As reported, about 48 million barrels of Russian oil could be stuck at sea for a long time due to new US sanctions against Rosneft and Lukoil<\/a> . The restrictions have caused dozens of tankers to change routes and look for new buyers, especially after Indian refineries began to sharply reduce purchases.<\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Global oil prices fell to their lowest levels in a month yesterday, driven by forecasts of oversupply in the market and expectations of a possible peaceful settlement between Russia and Ukraine, which could affect production and export volumes. It is noted that quotes showed a slight recovery after a sharp decline, Reuters reports . Brent […]<\/p>\n","protected":false},"author":59,"featured_media":1325533,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76892,76870],"class_list":["post-1325556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-economy","category-world"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1325556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1325556"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1325556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1325533"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1325556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1325556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}