Oil prices rise as the market is prepared for the second state of Trump

Oil prices rose before the inauguration of US President Donald Trump, as the market prepared in the White House at the beginning of its second term for a period of uncertainty and turmoil. Brent ruol was traded more than $ 81 a barrel after it has decreased over the past two sessions, while the Western Texas Middle Easy approached $ 78. Trump is planning a series of executive orders on the first day, including energy, threatened to set heavy customs definitions on China, Canada and Mexico, and could implement sanctions on Iran. Oil prices have risen since the beginning of the year, after the cold weather in the Northern Hemisphere, has led to a great demand for fuel heating, and the broader US sanctions against the Russian oil industry in Asia are looking for alternative supplies. The trading volumes of a session on Monday may be less due to a federal holiday in the United States. Additional sanctions against Russia led to the heart of the carrier markets, which led to the high prices of RU in the Middle East and the width of the rapid difference in ‘Brent’ in a budget structure. The speculators of their long positions have only increased on “Brent”, although there is accumulation of short centers. The pressure on Iran last week, Scott Besent, Trump’s candidate for the post of Treasury Minister, said he would support the increase in the sanctions targeting the Russian oil industry, which mostly means more unrest in the market. The candidate for the elected president for the post of National Security Advisor has previously promised to exert maximum pressure on Iran. Meanwhile, the ceasefire in Gaza began, which led to the suspension of hostilities. The agreement, achieved by Qatari and Egyptian support, with the support of the United States, provides for an initial ceasefire of a week during which 33 hostages were released by Hamas in exchange for Israel’s release of hundreds of Palestinian prisoners detained.