10 minutes agoOil Price Grows Again
Periskopi(2 months ago)
(2 months ago)Oil prices have increased significantly after US reporting is preparing for a “-enhanced blockade of” on Iran. The gross Brent oil amounted temporarily to $1 119 per barrel Wednesday evening, the highest price to date this month, and a nearly 7% increase in one day, the BBC writes. BBC understands [...]
The gross Brent oil reached $1 119 per barrel temporarily Wednesday evening, the highest price so far this month, and a nearly 7% increase in one day, writes BBC.
The BBC understands that energy leaders, including Chevron Executive Director Mike With, met with President Donald Trump at the White House Tuesday to discuss how to limit the consequences of the conflict on American consumers.
Oil dealers seem to have received the meeting as a sign that the effective closure of the Hormuz Strait will continue for an extended period of time.
