Oil price today; February 7th; Brent was $ 2 and 2 cents
report Mehr Reporter Brent ‘s oil transactions rose to $ 2 and 2 cents a barrel with 2 cents. The price of the West Texas Intermediate USA rose by 2 cents to $ 1.5 percent, to $ 2 and 2 cents a barrel.
In the wake of the rise in demand by China and India and the disruption of Russian supply by new US sanctions, Saudi Arabia’s Span> ‘s company announced on Wednesday that prices for buyers in Asia for delivery in March , Will increase sharply.
Tony Sikamp , Market Analyst at I Ji , said in this : Aramco said also raised the price of March for cargoes in all other areas, indicating that new sanctions against Russia have influenced the supply market.
US last month imposed new sanctions on Russian oil trade and targeted the “shadow fleet” ships used to escape trade blockade.
Oil prices fell by more than two percent on Wednesday after the release of statistics showing the growth of crude oil and gas reserves in the United States and reflecting demand for fuel. Investors are also evaluating the consequences of the new round of US -China commercial tariffs, including tolls on energy products.
Analysts of the Company B I wrote in a note: Although some tariff measures may put oil prices under pressure, but with the negative impact of tariffs on the economy They will have a world, their actual impact on oil prices will probably be down.
According to Reuters, so far, the 5 % tariffs that the US imposed on Chinese goods since Tuesday have been weaker than Trump’s threats during his campaign, and China’s interactions have had a limited impact. In response to US tariffs, Beijing imposed tariffs on imports of crude oil, liquid natural gas and US coal, but China’s purchase from the US is relatively limited and softened the impact of new actions.
