Countries-oil exporters are concerned about the current situation on the world energy market and is ready to seek a compromise solution. This opinion was expressed analyst GK Forex Club Irina Rogova.
She recalled that “today, the Brent crude oil got support on the background information about what oil-producing countries will meet on 17 April in Qatar”. “The meeting can take place even without the participation of Iran. Such news suggests that exporters are still concerned about the current situation on the market of energy and is ready to seek compromise solutions”, — said in comments the expert.
According to her, Brent quotes at the moment reached the level of $40,08 per barrel.
Rogova also reminds us that the markets are awaiting the outcome of the two-day meeting of the Federal reserve system (FRS) the USA. “The decision of the American regulator will be published today after the closure of the Russian market and to win will be on Thursday at the opening. If the fed will be quite aggressive in their comments, risky assets could come under pressure, leading to the opening of trading the Russian indices below the opening level. Although the likelihood of this happening is not too high. Most likely, nothing intelligible the fed will not say, leaving himself room to maneuver in the future,” predicts the analyst.
However, she States, “if the fed will present no surprises to the market”, the “Brent crude oil may move to the area of the upper boundary of the previously established range (to the mark is 41.45)”.