The rising trend of oil prices / jump in the price of gold in the precious metals market – Mehr news agency RCO News Agency

According to Mehr news agency, quoted from trading EconomyThe permission of the United States and its partners to Ukraine to use long-range weapons deep in Russian territory has now become one of the concerns for the escalation of tensions and its effect on the supply of oil to the market. Analysts believe that if Y use these weapons to target Russian oil production, this issue will have a serious impact on the global price of oil.

Based on this, the price of oil in today’s trading of the energy market witnessed an upward trend once again. oil Brent The North Sea was trading at $74 and 57 cents per barrel, with an increase of 34 cents. oil price West Texas intermediate America also increased by the same amount, reaching 71 dollars and 5 cents per barrel.

Now the energy market is subject to the political tensions in the Middle East due to the war in Gaza and Lebanon, as well as the war in Eastern Europe between Ukraine and Russia, rather than being influenced by supply and demand.

In the precious metals market, each ounce of gold was traded at $2,678 with a jump of 1.15%. Silver, with a slight decrease, reached 30 dollars and 85 cents per ounce.