Oil Prices Slip Despite Lukoil Declaring Force Majeure in Iraq

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مدعوم بالذكاء الاصطناعي
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Oil prices slipped despite Lukoil declaring force majeure in Iraq, due to record high volumes of oil in floating storage and the impact of US sanctions on Russia.

تأثير السوق

Market impact analysis based on bearish sentiment with 79% confidence.

المشاعر
Bearish
ثقة الذكاء الاصطناعي
79%

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Crude oil prices opened lower today even after Russia’s Lukoil declared force majeure on its operations in one of Iraq’s biggest oil fields because of the latest U.S. sanctions. At the time of writing, Brent crude was trading at $63.84 per barrel, with West Texas Intermediate at $59.89 per barrel, as reports suggest record high volumes of oil in floating storage, following Washington’s latest sanction salvo against Moscow. Reuters reported on Monday, citing unnamed sources, that Lukoil had declared a force majeure on the West…

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المقال الكامل على OilPrice.com
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المقال الأصلي منشور بواسطة OilPrice.com في نوفمبر 11, 2025.
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