Oil prices increase at most 3 ½ years despite Trump • Forbes Mexico



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Reuters .- Oil prices rose on Thursday and were trading at three-and-a-half-year highs, supported by the possibility of changes in oil supplies from Iran and the Middle East, despite the new demands of President Donald Trump for the Organization of Petroleum Exporting Countries (OPEC) to lower prices.

At 12:25 GMT, Brent futures fell 2 cents to 78.22 dollars a barrel. Gross futures in the United States added 28 cents to $ 74.42, close to the $ 75 high for three-and-a-half years.

On Wednesday, Trump again accused OPEC of increasing its fuel prices. The cartel, with external allies led by Russia, pushed in 2017 a pact to reduce pumping in order to consolidate the market.

Trump announced plans to reintroduce sanctions against Iran from November, particularly against oil exports. , also supported the latest price increases.

Lee | Trump presses OPEC: "Reduce prices now!"

In June, OPEC and Russia declared their willingness to increase production to offset a deficit resulting from # 39; unplanned interruptions of oil activity Venezuela and Libya, in addition to providing a smaller Iranian bid for US sanctions.

A senior commander of Iran's Revolutionary Guards said Wednesday that guards are ready to implement a policy to prevent regional oil exports. United banned the sale of Iranian oil.

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