The relative stability of the price of oil/gold became expensive again
According to Mehr News Agency to According to Reuters, the price of oil in the energy market was once again affected by the political conditions in the Middle East.
Based on this, the unexpected decrease in American commercial crude oil reserves and the claims made by the Zionist regime about the martyrdom of Yahya Sanwar, the political leader of Hamas in Gaza, on the one hand, led the market to jump in the price of oil, and from On the other hand, concerns about the decrease in demand for crude oil pushed the market towards stagnation.
In today’s trading of the energy market, North Sea Brent oil increased by 16 cents to 74 dollars and 61 cents per The barrel was traded. The price of US West Texas Intermediate oil also increased by 17 cents and reached 70 dollars and 84 cents per barrel.
Estimates show that the demand for crude oil will increase by only 900,000 barrels per day next year. This year, the demand for oil in the market had grown by one million barrels.
In the precious metals market, each ounce of gold was traded at 2,693 dollars with a jump of more than 1%. The price of silver also increased by 0.66% and reached 31 dollars and 94 cents per ounce.