Fears supports Iraqi oil and gold prices

Fears supports Iraqi oil and gold prices

17-06-2014 02:40 PM

Fears supports Iraqi oil and gold pricesBrent crude rose towards $ 113 a barrel yesterday after the rise of large last week after the advance of the Sunni Arab insurgency in Iraq to increase fears of disruption of oil exports from the second largest producer in OPEC.
resulted in the sudden outbreak of violence in Iraq to a significant rise in prices last week to climb both Brent and U.S. crude more than 4 percent in the largest increase for them since July and December, respectively. has also received oil prices in support of the report of the BP confirms that the demand for oil in the United States grew at its fastest pace in the world last year, to outperform his counterpart in China for the first time since 1999 with the start of the largest economy in the world to reap the fruits of a boom fuels rock. said BP, the United States recorded the largest annual increase production in its history for the second year in a row and reached 1.1 million barrels per day. , the company said in its annual report for statistics Energy The size of the U.S. consumption of oil in 2013 increased 400 thousand barrels per day, the largest increase in the world, followed by China, an increase of 390 thousand barrels per day. Meanwhile gold record its highest level in almost three weeks yesterday as reinforced disorders Iraq metal’s appeal as a safe haven while stepped up platinum group metals such as wages announce the results of talks aimed at ending the strike has been going on for five months in the mines of South Africa.

ahraraliraq.com