Date: 4 months ago   Category: Financial

Price of oil exceeded 60 dollars for barrel


During trading on Wednesday Brent crude oil grew by 2.2%. Rise lasts already the eighth session in a row that is a record in one and a half years. The world prices for oil of reference brands continue to grow at the auction on Wednesday, January 9. The cost of the future for Brent crude oil at the ICE exchange in London grew during trading by 2.2% and reached $60.01 for barrel. Last time the price of oil of this grade was higher than the level in $60 for barrel on December 17, 2018. The price of the future for WTI crude oil rose by 2.17%, up to $50.86 for barrel. Let's note, rise lasts already the eighth session in a row that did not occur from the middle of 2017. Thus the markets react to statistics about stocks and level of production of oil and also to trade negotiations of the USA and China. Let's remind, on December 7 the countries of OPEC agreed about reduction of oil production in 2019 on 1.2 million barrels a day. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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