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International oil prices, which plunged for two consecutive days until yesterday (22th), surged overnight. In addition to the analysis of the technical rebound caused by too many drops, the analysis that President Trump's standing with Iran led to a rise in oil prices.

Reporter Jeon Byeong-nam reports.

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international oil price, which had plummeted by recording the minus oil price for the first time in history, soared.

On June, the New York Mercantile Exchange traded crude oil from West Texas for delivery in June, rising 19.1% per barrel to $ 13.78.

At one point during the week, the increase was more than 30%, exceeding $ 16 per barrel.

The British Brent oil in June also rebounded, trading at around $ 20.

It is analyzed that the technical rebound has occurred due to the excessive drop in oil prices for two consecutive days.

There was also an interpretation that the Twitter message warned that President Trump could attack Iran's armed high-speed craft has raised oil prices.

The geopolitical crisis in the Middle East could rekindle and affect oil supply and demand.

However, the structural situation in which the demand for global crude oil has plummeted has not changed due to the corona 19, and the oversupply of oil-producing countries is still in existence, so the possibility of further collapse is open.

[Andrew / Nuclear Research Group Senior Researcher: Unfortunately, this massive oversupply situation will continue in the coming months.]

Once international oil prices rebounded, New York stocks, including energy-related stocks, also rose.

Europe's major stock markets also climbed at once and regained some stability.