The hottest European Union plans to ban Iranian oi

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The European Union plans to ban Iranian oil to boost oil prices to a new high

analysts believe that oil prices are easy to rise but difficult to fall in the near future

as the European Union may completely ban oil imports from Iran, Iran threatens to block the Strait of hormu, which will cause quality loss in June to December. February crude oil futures on the New York Mercantile Exchange rose $0.26 to $103.22 a barrel on January 4, hitting an eight month high. As the Strait of Hormuz is responsible for 20% of the global oil transportation, it is more predicted that the oil price will rise by 50%

EU diplomats revealed on the 4th that representatives of EU countries had held consultations on the Iranian crude oil embargo at the end of December 2011. At that time, Greece and other countries had strongly opposed it, but now they have given up their opposition. The company can carry out fast and accurate hardness testing on stainless steel plates, stainless steel strips as thin as 0.05mm and seamless steel pipes as thin as 4.8mm. The person said, "great progress has been made, and countries agree to the embargo in principle." Only the implementation date has not been set

the United States, which signed new sanctions against Iran last week, is trying to persuade Iran's major oil importing countries to significantly reduce the scale of imports. A U.S. Treasury official told Dow Jones newswires that the United States encourages all countries that trade with Iran to reduce oil imports and commercial transactions

with regard to the joint sanctions of the United States and Europe, Iran's oil minister rostam Jassem said a few days ago that imposing sanctions on Iran's oil industry would undermine the stability of the global oil market. Gazami said that the world needs Iran's energy and that the country does not seek to sever relations with other countries

according to the New York Times, if Iran threatens to 2 The acceptance and blockade of the Strait of Hormuz, an important strait through which almost 20% of the world's oil transactions transit, will have an immediate impact. Energy analysts said that oil prices will start to soar within a few days, and may increase by 50% or more. Law rence J. g oldstein, President of the energy policy research foundation, predicted pessimistically, "you will understand the world's response, that is, the oil price is not only high, but also unreasonably high."

the change of the situation in the Middle East can be divided into three stages. The first stage is the unrest in Tunisia and Egypt; The second stage is the civil strife in Libya that lasted for more than half a year; The third stage is Iran's nuclear incident. As the Strait of Hormuz controlled by Iran undertakes 20% of the global oil transportation task, the possible impact of changes in the situation in Iran on the crude oil price will be much higher than the previous two stages. Once the situation worsens, the oil price will easily reach a new high, which is bound to be a fatal blow to the world's already weak economic trend

in addition, according to the general law of American refineries, they will try to reduce their crude oil inventory before the end of each year, which is conducive to reducing expenses when filing taxes. In addition, due to the consumption of heating oil in the northeast of the United States to keep out the cold, the demand for distillate oil in the United States will also increase rapidly, which will be reflected in the inventory trend of crude oil and distillate oil at the same time. Therefore, in the short term, crude oil prices are easy to rise but hard to fall

however, a survey released by Reuters on the 4th showed that the daily oil production of the organization of Petroleum Exporting Countries (OPEC) reached the highest level since October 2008 in December 2011, mainly due to the continued recovery of Libyan supply. To some extent, it has reduced the concern of tight supply and demand in the oil market

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