The jump in oil prices due to concerns about the actions of the Zionists; Gold started an upward trend – Mehr News agency RCO News Agency
According to the Mehr news agency, quoted by Reuters news agency, repeated violations of the ceasefire by the Zionist regime have increased concerns about the collapse of the current fragile agreement in Lebanon. This has affected the energy market and fueled the jump in oil prices.
Accordingly, in today’s transactions of the global energy market, the price of oil due to concerns about the flame Ver The resurgence of conflict in the Middle East experienced a growth of more than 2 percent.
oil Brent The North Sea was traded at $73.62 per barrel, with an increase of one dollar and 79 cents. oil price West Texas intermediate America also increased by one dollar and 84 cents, reaching 69 dollars and 94 cents per barrel.
Another reason for the upward trend in oil prices is the meeting of the OPEC+ oil cartel. Informed sources say that the members of this oil cartel plan to maintain the process of reducing the production level for the first quarter of 2025.
OPEC and its partners, including Russia, account for more than half of the world’s crude oil supply, and the decisions of this cartel have a direct impact on the global price of black gold.
In the precious metals market, gold was traded at $2,640 per ounce with an increase of $5 and 41 cents. The price of silver per ounce increased by 1.5% and reached $31.
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