Date: 3 months ago   Category: Financial

Oil rises in price against the background of the war in Libya


Having shown growth, record for ten years, in the first quarter 2019, prices of oil grew since the beginning of April by two dollars for barrel. The world prices for oil continue to grow against the background of fighting in the capital of Libya of Tripoli. So, at the auction on Monday, April 8, the cost of the future for Brent crude oil with delivery in June at the ICE exchange in London grew to $71.01 for barrel. Last time the price of oil of this grade was higher than the level of $70 for barrel on November 12, 2018. The price of May futures for WTI crude oil increased by 1.49% - up to 64.02 dollars for barrel. Let's note, in the morning of price of oil exceeded 70 dollars for barrel. Since the beginning of April cost grew by two dollars. Except the war in Libya quotations are affected by decrease in production by the OPEC countries and also sanctions of the USA against Iran and Venezuela. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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