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Oil closed the trading week high
Date: 04/02/2017 11:47
Information / Baghdad ..
World oil prices closed the week higher, after the US imposed new economic sanctions against Iran.
And ended the price of world oil barrels combination "Brent" trading with an increase of about 25 cents or 0.44% to $ 56.81, as the price of a barrel rose US light crude West Texas Intermediate at about 29 cents or 0.54% to $ 53.83.
And announced the US Treasury Department on Friday, imposing new sanctions on Tehran include 12 entities and 13 individuals, in response to the experience of conducting ballistic missile. Foreshadowing a possible moratorium on their export of oil to the global market, which gave a new impulse of hope for investors in this sector, an additional cut of supply versus demand.
This increase in prices shows that the markets hit the wall to increase US energy companies, the number of drilling oil platforms, as the American Petroleum Institute, "Baker Hughes" Energy Services showed that companies increased the number of oil platforms by 17 platform in the week ending on the third of February, bringing the total number of platforms drilling to the 583 platform - the most since October 2015. finished / 25
http://almaalomah.info/2017/02/04/economic/127710
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