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Price of oil exceeds the year 2018 maximum

Price of oil exceeds the year 2018 maximum
Price of oil exceeds the year 2018 maximum

World oil prices are rising. The price of Brent oil, for the first time since 2018, exceeded $ 80, which is a sign that global demand for raw materials exceeds supply.

Brent oil futures for December delivery rose by 0.85% to $ 79.36 a barrel. November futures rose by 0.83% to $ 80.19 a barrel.

Meanwhile, WTI November futures rose by 0.85% to $ 76.09 a barrel.

At the OPEC + meeting on September 1, the parties increased their daily production forecast for 3.28 million barrels in 2022 to 4.2 million barrels.

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