The rising trend of oil prices/jumping of gold prices 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 is now one of the concerns for the escalation of tensions and its effect on the supply of oil to the market has become Analysts believe that if Y of these weapons for purpose to put If Russian oil production is used, this issue will have a serious impact on the global oil price.
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 more than affected supply and demand It is subject to 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.
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.
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