Oil prices, which have already risen 10 percent in 2022, may increase further due to insufficient supply.
The increase expectation of oil, which has been on the rise since last year still continues. The difficulties of the world’s largest producer countries in increasing production cause additional problems.
Brent Petrol, which rose 11 percent this year to above $ 86, has increased its total rise to 50 percent since last year.
White House will likely increase the 50 million barrels it will release from the Strategic Petroleum Reserves, which was announced in November.
Joe Biden aimed to stop the increase in gasoline prices, but now the prices have reached the peak of the last 7 years.
West Texas Oil for February delivery rose 0.5 percent to $84.26 on the Nymex market.
Brent Oil for March delivery rose 0.3 percent to $86.33 on the London ICE Futures Europe market.
