The world price of oil on 5 Azar; Brent was 74 dollars and 86 cents
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The price of a barrel of Brent North Sea oil today decreased by 31 cents, equivalent to 0.41%, to 74 dollars and 86 dollars. The tradition arrived. Texas Intermediate oil West also decreased by 33 cents, equivalent to 0.46%, to $70 and 91 cents is traded.
Both of these oil indices experienced the biggest weekly price increase since late September last week and reached the highest figure since November 7. This price increase took place after Russia, warning Ukraine about the use of American and British missiles to attack its territory, targeted Ukraine with its hypersonic missile. placed.
Analysts believe that the exchange of fire between Ukraine and Russia shows that the war has entered a new and dangerous phase. In this way, the concern regarding disruption of oil supply increases.
In addition, Iran has reacted to the resolution of the Atomic Energy Agency’s Board of Governors by taking measures to activate new and advanced centrifuges for uranium enrichment.
These developments increase the possibility of stricter sanctions against Iran’s oil exports after Trump comes to power. The new sanctions will affect about one million barrels per day of Iran’s oil exports, which is about one percent of the world’s oil supply.
The Ministry of Foreign Affairs of Iran announced on Sunday that it will hold talks with 3 European powers regarding its nuclear program on November 29. will do.
Investors are also focused on increasing demand for oil in China and India as the world’s first and third largest oil importers. China’s crude oil imports increased in November, and Indian refineries also increased oil processing by 3 percent to 5.04 million barrels per day in October.
