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World Oil Prices Today Continuity of oil downstream

The price of Brent North Sea oil per barrel on Wednesday, February 2, fell by 2 cents to $ 2 and 2 cents.

reports Mehr News Agency , oil prices have not changed much on Wednesday after unstable transactions. Trump’s new attempt to eliminate Iranian oil exports has supported the price of the commodity and has partially thwarted the impact of China’s toll on US energy imports.

Price per barrel of oil Brent North Sea today with 2 cents equivalent to $ 1 to $ 1 and 2 Sunnah arrived. Oil West Texas InteriorDite USA also reduced by 2 cents $ 1 and $ 1 and $ 1 %. 2 cents traded.

Oil price West Texas Interaddit in Yesterday, after the announcement of China , tolls on oil imports, liquefied natural gas and coal from the United States decreased by 5 % and reached the lowest from December 5. /p>
China did this in retaliation for US fees on exporting the country.

But the resumption of a maximum pressure campaign to Iran to restrict its nuclear program has increased oil prices. The purpose of this campaign is to zero Iran’s oil exports.

Investment Bank Analysts Goldman Sax The impact of China’s retaliatory duties on energy prices will be limited because the supply and demand of these goods will not be changed with the tolls of China.

both of these countries can find replacement markets.

While Trump said he was ready to deal with Iran and wants to talk to officials, Washington’s tough policy against Iran exported about 1.5 million barrels per day. It affects.

Price is also affected by the increase in crude oil and fuel reserves as the world’s largest consumer of oil.

US crude oil reserves increased by 4.3 million barrels a week ending January 1.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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