The price of oil went up
reported by %20%0A
The price of a barrel of Brent North Sea oil today increased by 56 cents, equivalent to 0.76%, to 74 dollars and 46 The tradition arrived. Texas Intermediate oil West also increased to $70 with 61 cents equivalent to 0.87% and 98 cents is traded.
Both of these oil indices fell in price yesterday, as a result of disappointing data on business activity in the Eurozone and continued concerns in Bare was China’s fuel consumption. The rocket attacks of the Zionist regime on Lebanon on Monday caused the martyrdom of 492 people and forced tens of thousands of people to leave their homes.
The oil market is worried that the increase in tensions in the region will bring Iran, as one of the largest OPEC oil producers, into this conflict.
Traders have also paid full attention to weather conditions. Golf Coast America is in danger of hurricane which covers it until the end of this week.
U.S. oil producers are evacuating their workers from oil production platforms in the Gulf of Mexico. Forecasts show that a big storm is on its way to the oil fields of this region.
The US National Hurricane Center announced that the storm that is currently located in the southeast of Cuba is likely to intensify and move eastward to the Gulf of Mexico in the next 72 hours.
