[ad_1]
The price of crude oil rose by about 1%, the market ignoring the prospects of increasing Chinese demand, diverting attention from the current tensions with the United States, following a series of tariffs imposed by both countries, as well as increasing tensions between Iran and the United States
The newspaper "Al-Wasat" reported that the highest price of a barrel of crude oil now reached $ 73.82.
Phil Flynn, an analyst at Power Futures in Chicago, reported that Beijing's spending Reduces fears that trade tensions will trigger Beijing and Washington, to reduce demand for Beijing
This will result in increased demand for oil gross, which has already occurred in the past when Beijing has approved the increase in infrastructure spending, and believes that this adds external support to prices. 19659002] and notes that after a decline of 8 per cent from its highest level for several years, buyers are again in the market, with a significant drop in gross stocks due to strong global demand, and will continue to provide a strong image. Production by Russia and Saudi Arabia
Russia, Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries (OPEC) alleviated some of the losses in unexpected production.
At the end of the topic, we regret any error in the content in question. We do not get the admiration of all parties and it is only the news that we collect from the major international newspapers, to bring you all the news from around the world, because we always promise you to do everything what is better. And the timely transmission of events from all news sources and facilitate their reading. We hope to get the admiration of all our visitors and support us, that is the secret of our success and do not forget to follow us on social networking sites to receive all the news at the time of l & # 39; event. With the greetings of the Al-Wasat newspaper family.
Source: Sadi the country
