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4 June 06:54

Oil prices rise 2% to two-week high amid geopolitical tensions

Gabriel Dumitrache

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International

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Oil prices rose by 2% on Tuesday to their highest levels in two weeks, influenced by geopolitical tensions between Russia and Ukraine as well as between the US and Iran. Contracts for Brent and WTI crude oil saw significant increases, and analyst Harry Tchilinguirian pointed out that geopolitical risks have returned to oil prices. Wildfires in Canada have also affected output, and eurozone inflation has raised expectations for interest rate cuts that could boost oil demand.

Sources

Preţurile petrolului au urcat pe 3 iunie cu 2%, atingând un maxim al ultimelor două săptămâni, pe fondul tensiunilor geopolitice

Prețurile petrolului ating un maxim al ultimelor două săptămâni, pe fondul tensiunilor geopolitice

Tensiunile mondiale aprind piața economică: prețul petrolului atinge un nou maxim

Preţurile petrolului au urcat marţi cu 2%, atingând un maxim al ultimelor două săptămâni, pe fondul tensiunilor geopolitice

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Oil prices have risen by 5% after the sanctions imposed by the USA against the Russian energy giants, Rosneft and Lukoil, in response to the war in Ukraine.

Economy

Oil prices fell by approximately 2%, amid American sanctions against Russian companies and the possible increase in OPEC+ production.

Economy

Oil prices have risen significantly after the US imposed sanctions on the Russian companies Rosneft and Lukoil due to the war in Ukraine.

Economy

The shares of Romgaz and Petrom have reached new historical highs after the sanctions imposed by the USA against the Russian energy giants, Lukoil and Rosneft.

Economy

Fuels could continue to become more expensive in Romania, as a consequence of the sanctions imposed by Donald Trump on the giants Lukoil and Rosneft.

Current Affairs

Fuel prices continue to rise: three price increases at the pump in the last week

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