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- Oil rose
Oil rose
World oil prices rise in anticipation of news from the Council of Ministers of Finance of the euro on financial aid to Greece, as well as against the termination of deliveries of raw Iran by the French and British companies. Investors optimistic on Monday awaiting news from the Euro Group to provide financial support for Greece, which will help to avoid the first in the history of the eurozone default. The second package of aid to Greece, is expected to be granted to 130 billion euros.
Some influence on the dynamics of quotations have news from Iran, suspended for the weekend supply of oil companies from France and the UK. Earlier on Monday, Iranian officials have threatened to expand the list of European countries, the supply of oil which will be terminated if Europe will continue to act against the country. Thus, the head of the National Oil Company Galebani Ahmad said that the sanctions from Iran can relate to Germany, Spain, Italy, Greece, Portugal and the Netherlands.
Oil for March delivery rose to $105.44 per barrel. Brent oil for April settlement rose 39 cents, or 0.33 percent, to $119.97 a barrel on the London-based ICE Futures Europe exchange.
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