Brent price exceeded $91 for the first time since October 2023 – Kommersant

Brent price exceeded $91 for the first time since October 2023 – Kommersant

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The price of Brent oil on the London ICE exchange rose above $91 per barrel. The last time this happened was October 23, 2023. At 21:45 the price of oil reached $91.16 per barrel, as follows from data bidding

As of 21:42 Moscow time, Brent oil was trading at $90.9 per barrel. The price of WTI oil as of 21:51 Moscow time was $86.67.

In mid-March, the price of Brent oil, after a four-month break, settled above $85 per barrel. The price of Russian Urals reached $73 per barrel. Prices began to rise due to an imbalance of supply and demand, including against the backdrop of ongoing Houthi attacks on merchant ships in the Red Sea, which began against the backdrop of the war between Israel and Hamas.

Details – in the material “Kommersant” “Petrodollars were delayed on the way”.

Evgeny Belousov

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