The price of Brent oil exceeded $87 per barrel for the first time since April – Kommersant
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The cost of October futures for Brent crude on the ICE exchange exceeded $87 per barrel for the first time since April 13, 2023. As of 13:59 Brent is rising in price by 0.60% to $86.6 per barrel. Futures for WTI crude oil for September delivery rose 0.70% to $83.5 a barrel.
Bank of America expectsthat the cost of Brent in 2023 will rise to an average of $100 per barrel in 2023. US Department of Energy increased Brent price forecast to $82.62 per barrel. Brent returned to rise in early August.
On the situation in the oil market – in the material “Kommersant” “Black gold turned into shards”.
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