Bidding began with a sharp rise in oil prices
February 17 close to the closing trading price of black gold began a sharp rise. The morning trades on February 18 and opened with a slight increase in prices. As of 9 pm European time, a barrel of oil offer a little more than 35 US dollars. At the close of yesterday's trading price of oil also overcome a mark in 35 dollars. Throughout yesterday, the price of oil fluctuated sharply - at which point the price fell to 32 dollars, but in the late afternoon on the market price of a fully stabilized. The fall in prices was due to the agreement signed by Russia and several states, mining black gold. Countries agreed to reduce the level of production before the January figures, however, spoke against Iran.
The authorities have refused to sign the agreement, citing the fact that Iran has been under sanctions for several years, and the rest of the state extracted black gold, so now Tehran is not going to abandon production. Moreover, Iran is planning to increase the volume. Despite all the statements of the Iranian side, today the cost of black gold has stabilized.
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