The price of oil reached 73 dollars and 35 cents
reported by %20%0A
The price of a barrel of Brent North Sea oil today increased by 4 cents equal to 0.05% to 73 dollars and 35 The tradition arrived. Texas Intermediate oil West also decreased by 1 cent equivalent to 0.01% to $69 and 38 cents are traded.
According to the report of the American Petroleum Institute, the country’s crude oil reserves increased by 4.75 million barrels in the week ending November 15, but gasoline reserves decreased by 2.48 million barrels. Official information regarding US reserves will be published today.
The intensification of the war between Russia as one of the largest oil producers in the world and Ukraine has supported the price of oil.
Moscow announced that Ukraine used American ATACMS missiles to attack Russian territory on Tuesday. Russian President Vladimir Putin has increased the possibility of using nuclear weapons.
Analysts believe that the increase in tensions in the war between Russia and Ukraine increases the risk of disrupting the supply in the oil market.
In addition, there are signs that China, the world’s largest oil importer, has increased its oil purchases this month. Kepler data shows that China’s crude oil imports will reach a new record by the end of November.
The weakness of China’s oil imports since the beginning of this year has been one of the reasons for the drop in oil prices. The price of Brent oil has fallen 20 percent from the peak of $92 per barrel in April.
