Petroleum jumps 8% and surpasses the 40 dollars

gaza600 The price of petroleum surpassed the 40 dollars in the first hours of Monday, jumping near 8% from the last session, after which the attacks between Israel and Hamas remembered the investors who these confrontations could threaten the reserves of crude in the Middle East. In the middle of the session light petroleum raised 3,18 dollars until the 40,89 dollars by barrel, although the tip of the day was reached some hours before reaching the 42,20 dollars by barrel. This could to be good the news for OPEC, that it has spent the last months having tried to finish with the fall in the price of the petroleum, that is lost near 60% east year, marking his

greater annual fall in 25 years. When observing these changes, several analysts have indicated that geopolitics has not been much influence in the market of petroleum in the last days old, but with the recent attacks in Gaza petroleum will continue raising. The Israelite attacks in Gaza have generated the wrath of the Arabs in all the region which ample the fear of which the conflict deepens and threatens the petroleum production in the region, one of most important of the world. The price of the petroleum has not been the unique one that has undergone modifications by the attacks in the Middle East, since the gold also raised more than 2% until its higher point from the first days of October. Bond to remember that Friday a gust of wind of nine sessions of losses became broken, thanks to evidences of which OPEC has begun to respect its major cuts in history, to which is due to add the reports of which Abu Dhabi National Oil Co, it will cut to his production in January and February. These reports were the first indications that the members of OPEC are implementing the cuts announced by organization the past 17 of December, in which announced the cut in the production in 2.2 million daily barrels.

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