Political tension in Iran makes oil price rise

Protests in progress in Iran raised the prices of the oil barrel reaching the maximum of the last three years. The future contracts of Brent's barrel reached US $ $68.27 in International Exchange Futures (ICE), while the WTI for February rose to us $61.77 in the New York Mercantile Exchange (NYMEX).

Another issue that helped boost the price of the barrel was the reduction of shale exploration activities in the United States, whose extraction could restrict the supply of raw material on the market. The year started positive for investors in the oil and gas sector.

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