US oil closes to its highest level in a week

The price of oil recorded its best level in a month in the United States on Monday, as operators focused on the risks of supplying Canada to the Middle East.

Futures of Crude in New York p for delivery in September rose 2.1 percent to 70.13 dollars a barrel, amid speculation that a Canadian oil sands facility that It provides US refineries will not return to full production as quickly as expected.

Threats elsewhere: an imminent strike by oilfield workers in the North Sea and the suspension of deliveries from Saudi Arabia. by a key transit route of the Red Sea.

In London, a barrel of Brent crude p at October delivery will increase to 0.92%, to be at 74.97 dollars on the ICE market

Despite the tensions US trade with China has cut prices for much of this month, Barclays Plc warned of "rising significant risk" for prices in the fourth quarter as sanctions begin to affect Iranian exports.

The bank estimated that US measures against the Islamic Republic would affect Iranian exports by about 700,000 barrels a day.

Another factor that pushed up the price of a barrel was a weak dollar before crucial meetings of central bankers next Thursday, reinforcing the attractiveness of commodities at prices in US currency.

In other industry news, it was said that the Organization of Petroleum Exporting Countries pumped 32.64 million barrels per day in July, according to the petition, an increase of 70,000 barrels of oil compared to the revised June level. high this year, with the inclusion of Congo.

With Reuters and Notimex information.