Oil declines from the peak of 3 weeks, amid fears of the influence of Russian supplies

Oil prices decreased more than 1%, today, Tuesday, after their increase by about 2% in the previous session, where customers monitor the developments surrounding the war in Ukraine and the potential turmoil of Russian fuel supplies." target ="_Blank"> Brent crude by $ 1.08 (1.57%) to reach 67.72 dollars a barrel by 10:40 GMT, after reaching its highest level since early August in the previous session, while West Texas Intermediate crude lost $ 1.13, (1.74%), to reach 63.67 dollars. Payed primarily with the risks related to Moscow supplies, after the Ukrainian strikes on the Russian energy infrastructure, and the ability to impose more American sanctions on Russian oil. "BVM Oil Associated": "Due to the huge amount of uncertainty in the oil market resulting from the Ukrainian conflict and the war Customs duties , investors will remain unwilling to adhere to any of the two directions in the long run"
added that in the average term, Brent prices may remain bound in a trading scope between 65 and 74 dollars a barrel in the foreseeable future.