Oil prices are rising as a result of sanctions against Russia and US stocks

Oil prices have exceeded $ 80 a barrel for the first time since August, with US shares falling, and the start of new sanctions against Russia to affect rough flow. West -Texas Raw contracts increased by February by 3.3% to settle at $ 80.04 a barrel in New York, and Brent -Ru contracts rose 2.6% by March to vest at $ 82.03 a barrel. Russian oil buyers are increasingly turning to two other suppliers, as countries, including India, said they would prevent the oil tankers from being subject to sanctions in their ports, to the most stringent US sanctions on Moscow oil. In China, the largest oil importer, businesses strengthened the stock from the Middle East and other places in preparation for turmoil, and delivery costs increased, and US material price patterns also turned. US stocks have added these factors to the high prices that started this year. US oil supplies have decreased for the eighth consecutive time to record their lowest level since April, which violates widespread expectations, due to the possibility of a large global surplus. According to Denis Kisler, the first vice president of trade at Bok Financial Securities, the height is likely to be limited to $ 81 a barrel. The futures contracts are already trading in the area of ​​the purchase on the 24 -days relative index. Pasrol -futures has risen to the highest level since August, after “Colonial Pipeine Co” has closed one of the largest fuel lines in the United States, after a possible leak in Georgia. The company line is transferred to 1.5 million barrels of gasoline between Houston, Texas and Greensburo, North Carolina, daily and is expected to remain closed until Friday. The surplus of the offer and at the same time the international energy agency reviewed its expectations on Wednesday and now expects a smaller performance in the global oil markets, with the growth of shares by 725 thousand barrels per day compared to more than a million barrels per day, as expected in the past. Traders also have the consequences of the second term of President Donald Trump in the White House. These possibilities include setting strict restrictions on the export of Iran, potential customs tariffs that can harm Canadian oil, as well as movements to encourage local production. In addition, Israel and “Hamas” agreed to a ceasefire agreement, which led at least a temporary stop of the 15 -month match, which increased the fear of the global oil trade. The markets ignored the agreement as traders previously priced the potential agreement after the concept was announced on Tuesday.