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Tuesday, February 21, 2012 09:17
The price of oil up to its highest level in eight months
London / follow-up Baghdadiya News / .. and oil prices reached their highest level since June of last year, after the escalation of tensions over Iran's nuclear program.
The price of U.S. light crude oil by 1.7% to the price of a barrel to 105.01 dollars, as well as increased price of Brent crude from 1.4 to 120.72 dollars per barrel.
The Iranian Oil Ministry announced Sunday halted sales of its oil to the British and French companies.
The increased cost of fuel also, in the United Kingdom and diesel prices reached a new high price of 143.16 pence per liter.
According to statistics from the company "Experian Catalyst" to the price of unleaded gasoline has reached to 135.39 pence.
Iran is the fifth largest oil exporting countries in the world.
Iran insists its nuclear program, saying that for peaceful purposes, however, that the International Atomic Energy Agency, the UN says it has information indicating that Iran has conducted tests "in relation to developing a nuclear bomb."
The rising crude oil prices to higher prices of shares of Company "BP" British oil giant to more than 500 pence, for the first time since January last year.
Analysts say oil prices have also soared in EU countries, which attempt to find new suppliers of oil, while Iran is trying to attract new buyers for its oil.
According to Professor Paul Stevens of Chatham House, "The price increase is a direct result of research in the European importers embargo on the import of Iranian oil."
Oil prices were also affected by the improved economic performance in the U.S. and China.
The United States of America's largest oil consumer in the world.
And stood various factors behind the rise in prices because of demand growth Ktsaad Asian and cold wave in Europe, at the same time cut oil shipments from southern Sudan and Syria.
The fall in oil prices if there are no any other additional tensions in Iran, and that's what a few analysts regarded as most correct.
Professor Stevens says, "This assumes that Iran will not do anything else, but this assumption is questionable, and if there was a blow to Iran. All bets will stop" / Finished / agencies
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The price of oil up to its highest level in eight months
London / follow-up Baghdadiya News / .. and oil prices reached their highest level since June of last year, after the escalation of tensions over Iran's nuclear program.
The price of U.S. light crude oil by 1.7% to the price of a barrel to 105.01 dollars, as well as increased price of Brent crude from 1.4 to 120.72 dollars per barrel.
The Iranian Oil Ministry announced Sunday halted sales of its oil to the British and French companies.
The increased cost of fuel also, in the United Kingdom and diesel prices reached a new high price of 143.16 pence per liter.
According to statistics from the company "Experian Catalyst" to the price of unleaded gasoline has reached to 135.39 pence.
Iran is the fifth largest oil exporting countries in the world.
Iran insists its nuclear program, saying that for peaceful purposes, however, that the International Atomic Energy Agency, the UN says it has information indicating that Iran has conducted tests "in relation to developing a nuclear bomb."
The rising crude oil prices to higher prices of shares of Company "BP" British oil giant to more than 500 pence, for the first time since January last year.
Analysts say oil prices have also soared in EU countries, which attempt to find new suppliers of oil, while Iran is trying to attract new buyers for its oil.
According to Professor Paul Stevens of Chatham House, "The price increase is a direct result of research in the European importers embargo on the import of Iranian oil."
Oil prices were also affected by the improved economic performance in the U.S. and China.
The United States of America's largest oil consumer in the world.
And stood various factors behind the rise in prices because of demand growth Ktsaad Asian and cold wave in Europe, at the same time cut oil shipments from southern Sudan and Syria.
The fall in oil prices if there are no any other additional tensions in Iran, and that's what a few analysts regarded as most correct.
Professor Stevens says, "This assumes that Iran will not do anything else, but this assumption is questionable, and if there was a blow to Iran. All bets will stop" / Finished / agencies
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