Brent price exceeded $90 per barrel – Kommersant

Brent price exceeded $90 per barrel – Kommersant

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The price of December Brent oil futures on the London Stock Exchange ICE Futures as of 14:41 Moscow time was $90.11 per barrel. This is $0.46 (0.51%) higher than the close of the previous session.

Last time Brent bargained above $90 per barrel on October 13. At 15:43 Moscow time, the price of the stamp dropped to $89.7. November futures for WTI oil in electronic trading on the New York Mercantile Exchange (NYMEX) increased at 14:41 Moscow time by $0.35 (0.4%), to $87.01 per barrel.

Oil prices are rising against the backdrop of a weakening US dollar. The DXY index, which reflects the value of the US dollar against six major world currencies, is down 0.1%. Another risk factor for oil prices is the war between Israel and the Palestinian Hamas movement.

Read more in the Kommersant article. “IEA records underfilling”.

Anastasia Larina

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