Brent crude position .. The price of oil futures decreased at the conclusion of transactions

Oil futures prices fell at the end of Tuesday’s trading, against the backdrop of the news of Russia and Ukraine’s agreement on a partial ceasefire, including the Black Sea.
However, the downside was marginal due to the exhibition fears in the wake of US President Donald Trump’s threat to impose customs duties by 25% on imports from countries that buy oil from Venezuela.
Trump says Venezuela is “deliberately and deceiving” to the United States, including violent individuals and gang members such as the Trin de Arjoa gang.
“Venezuela is very hostile to the United States and the freedoms we adopt,” Trump said in a post on the social media platform.

American standard retreat

The price of West Texas Intermediate crude, which is the record of US oil, fell by $ 11.19 to the barrel of May delivery, while Brent crude for global oil fell slightly to 72.30 dollars per barrel delivery of May.
After 12 hours of negotiations in the Kingdom of Saudi Arabia yesterday, Russia and Ukraine agreed to a nautical ceasefire to secure navigation in the Black Sea, according to Bayanin for the White House, published on Tuesday.

The two sides stated that the two sides agreed to ensure the safety of civil charging, stop violence and prevent the use of commercial ships for military purposes.
Representatives from the United States held separate talks with Russian and Ukrainian negotiators in the Saudi capital, Riyadh, during the past three days.
Ukraine said that the presence of Russian marine ships will not be allowed except in the eastern half of the Black Sea, and if Russian warships appear in the western half, Ukraine will exercise its right to self -defense.