Oil prices rise due to US-Iran conflict

Oil rose today on the New York Stock Exchange at its highest level since November 2014, strengthened by threats of American sanctions against Iran and Venezuela, two important producers of black gold. In “York Mercantile Exchange” (Nymex), the oil barrel was worth 72,24 dollars, while in [...]
In “York Mercantile Exchange” (Nymex), the oil barrel was worth 72,24 dollars, while in London it was worth 79,22 dollars.
“Tregu was also in good shape due to the possibility of an agreement between China and the United States that lowers fears of a trade war”, “Clipperdata” stressed.
The agreement in principle reached this weekend between Beijing and Washington and intended to reduce the US trade deficit does not go into detail, but US Treasury Secretary Steven Mnuchin insisted on Chinese commitments taken by important sectors, including energy.












