World Oil Prices Today Brent was $ 2 and 2 cents

reports Mehr News Agency increased oil prices on Monday after duties on imports from Canada, Mexico and China and the increased fear of supply by the two largest oil supply countries to the United States. But the outlook for fuel demand was prevented from raising over oil prices.

Price per barrel of oil Brent North Sea today with 2 cents equivalent to $ 5.5 percent to $ 1 and 2 Sunnah arrived. Oil West Texas Interminate USA also increased by $ 1 and 2 cents, equivalent to 4.9 % $ 1 and 2 cents are traded.

Trump launched a trade war on Saturday by announcing tolls on imports of goods from Mexico, Canada and China on Saturday that could hinder the growth of the world’s economy and raise inflation. / P>
White House officials say that only 2 % of energy products have been implemented on energy products from Canada, but the import of energy from Mexico is 5 % of the effects.

Bank analysts Barclaizer Says import tolls from Canada for internal energy markets more destructive than imports from Mexico. And probably prevents the president’s goals for lowering energy prices.

According to the US Department of Energy, Canada and Mexico are two main sources of crude oil imports, and about a quarter of US refined oil to convert fuel such as gasoline and oil. Form heating.

These tolls increase the cost of heavy crude oil required by US refineries and reduce their profitability. As a result they have to reduce their production.

US gasoline futures trading in the US rose by 4.9 percent to $ 1.5 per gallon, the highest since January 16th.

But the oil prices are expected to fall in the second quarter of this year, as these tolls have lowered demand outlook and OPEC Plus is under US pressure to increase production. /p>

Oil Plus Coalition Countries and its allies may not change their current plan to gradually increase production at the next summit.