Date: 9 months ago   Category: Financial

Oil has sharply risen in price because of duties of the USA for China


For day of price of oil have won back week falling. Brent approaches 73 dollars for barrel. On Friday, August 10, prices of oil have strengthened growth, at the same time Brent almost liquidated decrease since the beginning of week, Interfax Ukraine writes. October futures for Brent crude oil at the London's ICE Futures Exchange have risen in price by 18:17 for $0,66 (0,93%) - up to $72,74 for barrel. The cost of the future for WTI for September at the trading of the New York Mercantile Exchange (NYMEX) was raised for $0,80 (1,2%) - up to $67,61 for barrel. Since the beginning of week of Brent WTI - for 1,1% has fallen in price by 0,7%. News about introduction of additional duties on import of the Chinese goods to the USA what the authorities of China have promised to answer with similar measures became the major factor which has put pressure upon the oil market on the leaving week. The USA and China - two largest economies of the world and leaders in fuel consumption. If problems in foreign trade lead to delay of growth of their GDP, global demand for oil will also decrease. At the same time China in June became the largest importer of the American oil, having bought record 15 million barrels in the USA. Meanwhile the International Energy Agency (IEA) has increased the forecast of growth of global demand for oil for 2019 by 110 thousand barrels a day, to 1,5 sugar-free million. Also the agency has reported that supply of oil in the world last month has increased by 300 sugar-free thousand. Earlier it became known that the USA will introduce additional duties on production from China. Customs duty of 25% will extend to 279 more names of the Chinese goods with a total cost about 16 billion dollars. China intends to answer with "mirror" duties. Also today the American president Donald Trump has disposed to lift twice duties on aluminum and steel from Turkey. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

URL:

Today

just now

Messi's goal in the final did not help Barcelona to escape with a final. Valencia became the owner of the Cup of Spain of a season 2018/19, in a final in Seville having beaten Barcelona with the score 2:1. The account in a match was opened in the 21st minute when Kevin Gameyro removed on swing of the defender and meters with 15 shot gate of Barcelo...

just now

The head of state rose by the stage during the concert of the former League of Laughter project in Kiev. the President Vladimir Zelensky attended a concert of League of laughter where he was a leader...

just now

South Korean picture Parazitypoluchila Zolotuyu palm vetvkannsky film festival. the Golden Palm of the Cannes Film Festival received the movie by the South Korean director Pon of June-ho Parazita, is...

just now

In a final Munichites crushed Leipzig. The Bayern Munich got the Cup of Germany, in a final in Berlin having crushed Leipzig with the score 3:0. For Bavaria it is the 19th victory in the Cup of Germany and the first since 2016. RB Leipzig — Bavaria 0:3 Goals: Lewandowski, 29, 85, Koman, 78 of RB Leipzig: Gulasha — Klostermann, Orban (Upamekano,...