Date: 3 months ago   Category: Financial

Oil rose in price up to 75 dollars


Last time the price of Brent crude oil was higher than the level of 75 dollars for barrel on October 31, 2018. The world prices for oil of reference brands continue to grow at the auction on Thursday, April 25. So, at 11:00 the cost of the future for Brent crude oil with delivery in June, 2019 at the ICE exchange in London grew to $75.30 for barrel, (0.98%) Last time the price of oil of this grade was higher than the level of $75 for barrel on October 31, 2018. The cost of the future for WTI for June at an electronic session on the New York Mercantile Exchange (NYMEX) grew to $66.11 for barrel (0.33%). Let's note, prices of oil continue to grow against the background of toughening of sanctions of the USA against Iran. Let's remind, on April 23 the U.S. President Donald Trump made the decision not to prolong an exception of oil sanctions against Iran against a number of the countries. Period of validity of these exceptions will come to the end on May 2. In turn the authorities of Iran threatened to close the Strait of Hormuz if Tehran is not able to use it because of restrictive measures of the USA. Through this passage there passes the considerable volume of oil extracted in Gulf States. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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