The jump in the price of oil in the world market / gold on the way to become cheaper – Mehr News agency RCO News Agency
According to Mehr news agency, quoted by Reuters news agency, the price of oil in today’s transactions of the world market was strongly affected by the recent decision of the Organization of Petroleum Exporting countries (OPEC).
Accordingly, after OPEC’s decision to postpone by one month the previous schedule for more supply in December, the price of oil witnessed a growth of nearly 2%.
oil Brent The North Sea was traded at 74 dollars and 24 cents per barrel with an increase of 1 dollar and 14 cents in today’s trading in the Asian market. oil price West Texas intermediate America also increased to 70 dollars and 63 cents per barrel.
In addition to the OPEC decision, the energy market is now under the influence of the US elections on Tuesday, as well as the conditions in the Middle East.
In the precious metals market, each ounce of gold was traded at $2,740 with a decrease of 0.1%. Silver also remained unchanged at 32 dollars and 58 cents per ounce.
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