The world prices for oil on Monday grow due to expansion of US sanctions against Iran.
As of 10:15 the cost of the April futures for North sea petroleum mix of mark Brent has grown to 56.92 per barrel. A few hours nakedschool Brent exceeded $ 57 per barrel.
The price of the March futures on WTI rose to the specified time to 53,94 dollars per barrel. Before that, the price of WTI exceeded $ 54 per barrel.
Traders note that the increased tension in relations between the US and Iran speaks about the possibility of further tightening of us sanctions measures against Iran in the future, writes Reuters.
According to market participants, it may affect oil exports from Iran. The rise in oil prices, however, constrained by rising drilling activity in the United States. This, in particular, according to Friday data from the American oil and gas service company Baker Hughes. According to the report, at the end of the 3 February working week the number of drilling rigs in the US increased by 17 units, or 2.4%, to 729 units. In annual terms the index increased by 158 units, or 27.7%.
Recall that Iran 29 Jan tested a ballistic medium-range missiles. In response to the actions of Tehran, Washington has extended sanctions list to include 13 individuals, citizens of Iran, UAE, China, Kuwait and Lebanon.
Also on the list of 12 companies based in Iran, Lebanon, UAE and China. The sanctions affect the Iranian program ballistic missile and support of the Lebanese Shiite group Hezbollah, which Washington considers terrorist.