The killing of iranian general makes it more expensive to refuel gasoline

The recent days of unrest in the Middle east has sent oil prices up, which also hit the Danish car owners on the purse, since it has been slightly more expensiv

Ann McDonald
Ann McDonald
06 January 2020 Monday 16:00
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The killing of iranian general makes it more expensive to refuel gasoline

The recent days of unrest in the Middle east has sent oil prices up, which also hit the Danish car owners on the purse, since it has been slightly more expensive to refuel gasoline in the car.

The more expensive literpris due to the price of crude oil has been rising, according to the UNITED states on Friday killed the high-ranking iranian major general Qassem Soleimani in Iraq, and the iranians have vowed revenge.

It explains Jens Nærvig Pedersen, who is senior analyst at Danske Bank.

- the price of oil rises, because the majority of the world's oil production takes place in the Middle east, and when there is unrest, it creates concern for the supply of oil.

- so far has the conflict not affected oil production, but there is a risk of further escalation, which could affect production, he says.

Understand the conflict in a moment here.

At the gas station the Circle K is the price of a litre of unleaded 95 Monday 11,79 crowns, which is an increase of about 20 pennies, compared with the beginning of January. Roughly the same picture is true for Q8.

- The rising oil price has given slightly higher gasoline prices. But in the big picture it is not much, when you look at what the prices have been in general in recent years.

Photo: Mogens Flindt

- the price of oil is roughly in the level, we have seen the past few years.

- The current price is not something that will truly put the tracks in the Danish economy or consumer spending. There must be something higher rates for, " says Jens Nærvig Pedersen.

the Price of a barrel of crude oil sounds Monday at 70 dollars. pr. barrel against close to $ 69 on Friday and 66 dollars on Thursday.

Jens Nærvig Pedersen sees no big risk of that the price is going to increase significantly more because more of the world's major oil producers can screw up the stream, and thus increase the supply of oil.

- Saudi Arabia will soon be able to increase their production, and the americans have big oil stocks, as they can sell out of, and it will be able to dampen the increase in price of oil, " says Jens Nærvig Pedersen.

Updated: 06.01.2020 16:00