World Oil Prices Today Continuing price reduction

reports Mehr News Agency Reuters quoted Reuters as saying that oil prices rose on Friday (February 7th) after new sanctions on Iranian crude oil exports, but due to US President Donald Trump again against China and threats Tariffs on other countries were on the third consecutive weekly decline.

crude oil price index Brent North Sea until 1 and 2 minutes Greenwich time with 2 cents or 1. It rose 2 percent to $ 2 and 2 cents a barrel, but it faced a 4.7 percent weekly week of market transactions.

, however, the crude oil index Dabloti USA with 2 cents or 4.9 percent increase, $ 1 and $ 2 and $ 1 and $ 1 %. 2 cents were traded for a barrel, while experiencing a 2.3 percent weekly drop.

Trump announced a 5 % tariff on China’s imports as part of a broad plan to improve the US trade balance, but suspended the programs of severe tariffs on Mexico and Canada. .

Institute analysts BMW on Friday (February 5th) announced in a note: The downward pressure from the news about the flow of news Tariffs are tariffs and concerns about the potential trade war are fearing to weaken oil demand.

Oil prices fell on Thursday after Trump’s promise to increase US oil production, but overwhelming increase in the volume of US crude oil storage has raised traders. /p>

Oil Indicators also pushed under the pressure of increased US crude oil storage.