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Oil price increases

Oil price increases
Oil price increases

According to trade data, the price of oil in the world is growing at a record high speed.

Brent oil futures for December delivery rose by 1.07% to $ 85.77 a barrel. Shortly before, its value exceeded $ 86, which is a record figure since October 4, 2018.

Meanwhile, WTI November futures rose by 1.46% to $ 83.49 a barrel. December futures rose by 1.42% to $ 82.89.

On Friday morning, the oil market showed positive dynamics amid growing demand for "black gold," which was facilitated by rising prices for natural gas.

In addition, according to media reports, Saudi Arabia rejected OPEC + 's call for additional supplies, which also contributed to rising oil prices.

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