Oil prices continue to rise amid tensions between Israel and Iran
The price of Brent oil, the benchmark in Europe, continues to rise this Wednesday. revaluation of about 2% to $75 per barrelgiven the rising tensions between Iran and Israel.
The day before, following Iran’s ballistic missile attack on Israel, the price of Brent soared to $75.45, leaving behind the low below 70 euros reached in September.
In turn, the West Texas Intermediate (WTI) quote, a benchmark in the US, also increased this Wednesday: before the official opening of the market reaches $71.07 per barrel.with an increase of 1.78%.
It is worth recalling that this Wednesday the markets are expecting the OPEC+ alliance led by Saudi Arabia and Russia, which is holding a telematic meeting of its Market Monitoring Committee (JMMC) to analyze whether it is implementing increase in production starting from December.
Gold continues to rise at highs
Concerns about rising tensions in the Middle East lifted crude oil prices yesterday, but also other prices. assets considered a safe haven like gold and debt.
However, on Wednesday, the gold price fell 0.59% to $2,647.04 per ounce. Despite this, it continues at maximum levels.
Meanwhile, in the debt market, interest on ten-year German bonds rose to 2.0575%, while Spanish also advanced by 2.856%. in the opening of markets.