The global price of oil today, January 17, Brent was 76 dollars and 43 cents
reported by %20%0A
The price of a barrel of Brent North Sea oil today decreased by 8 cents equal to 0.10% to 76 dollars and 43 The tradition arrived. Texas Intermediate oil West also decreased by 6 cents equal to 0.08% to $73 and 90 cents is traded.
Beijing, which recently increased fiscal stimulus to revive the economy, announced on Friday that it would finance through bonds. Extends the long term in 2025 to boost business investment.
China’s central bank also announced on Friday that it will lower the legal reserve rate of banks as well as the interest rate at the right time.
Last year, the slowdown in China’s economic growth and the shift towards cleaner fuels in the transportation sector reduced crude oil imports and demand for fuel in China as the world’s largest oil importer and second largest consumer. reduced.
In terms of supply, investment bank Goldman Sachs It is expected that Iran’s oil production and export will decrease in the second quarter of this year as a result of changing policies and tougher sanctions of Donald Trump’s administration.
Analysts of this bank believe that production in this OPEC member country will probably decrease by 300,000 barrels per day in the second quarter and reach 3.25 million barrels per day.
