The jump in oil prices due to concerns about the actions of the Zionists; Gold started an upward trend
According to Webangah News quoted by Mehr News Agency, according to Reuters news agency, repeated violations of the ceasefire by the Zionist regime have increased concerns about the collapse of the current fragile agreement in Lebanon. This has affected the energy market and fueled the jump in oil prices.
Accordingly, in today’s transactions of the global energy market, the price of oil rose due to the concern about the flame The resurgence of conflict in the Middle East experienced a growth of more than 2 percent.
North Sea Brent oil increased by one dollar and 79 cents, to $73 and 62 cents It was traded per barrel. The price of Texas WestIntermediate oil also increased by one dollar and 84 cents to $69. and reached 94 cents per barrel.
Another reason for the upward trend in oil prices is the meeting of the OPEC+ oil cartel. Informed sources say that the members of this oil cartel plan to maintain the process of reducing the production level for the first quarter of 2025.
OPEC and its partners, including Russia, are responsible for more than half of the global supply of crude oil, and the decisions of this cartel have a direct impact on the global price of black gold.
In the precious metals market, gold was traded at 2,640 dollars per ounce with an increase of 5 dollars and 41 cents. The price of silver per ounce also increased by 1.5% and reached $31.
