Oil rises in price on the background of statements of trump on new sanctions against Iran

© RIA Novosti / Roman to Mahmutpasa in Photobacterium USA Donald trump speaks at the UN General Assembly in new YorkOil rises in price on the background of statements of trump on new sanctions against Iran© RIA Novosti / Roman to Mahmutpasa the image Bank

World oil prices on Tuesday evening continue to grow on the statements of the US President Donald trump, who promised to impose new sanctions against Iran, according to the auction.

As of 20.38 MSK price of the December futures for North sea petroleum mix of mark Brent have grown on 0,99% — to 81,33 dollars per barrel, the November futures for WTI — by 0.21% to 72,25 USD per barrel.

Trump, speaking at the 73rd session of the UN General Assembly, said that the United States will continue to impose sanctions against Iran after the previously announced package of measures which will enter into force on 5 November. According to him, «the campaign of economic pressure» on Iran, which Washington considers a «state sponsor of terrorism», will continue.

«The white house demonstrates concern about the current level of prices (oil — ed.) But ironically it is the intention of the US to impose an embargo on Iranian oil increases quotes», the review says analyst Julius Baer Norbert Ruecker.

The President of the United States on may 8 announced that Washington is out of agreement with Iran on its nuclear program. Trump announced the restoration of all sanctions against Tehran, including secondary, that is, against other countries doing business with Iran. Sanctions against the energy sector will come into force in early November. Washington has declared the purpose to increase the export of oil from Iran to zero.

However, traders waiting for statistics on oil reserves in the United States from the energy of the country, which will be released on Wednesday. Analysts predict that last week’s stocks rose for a 0.625 million barrels, or 0.16%, to 394,725 million barrels. Prior to that, the oil reserves in the U.S. declined for five consecutive weeks.

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