The cost of Brent oil jumped to $ 79 per barrel, the price turned out to be maximum since November 2018. This is evidenced by the data of trading on the London Stock Exchange ICE.
Delivery futures in November increased by 1.2 percent to $ 79.03, in December – 1.14 percent to 78.11 dollars. The price of the WTI brand also grows: oil accumulated 1.3 percent at the bidding and costs $ 75 per barrel.
Now prices are growing against the backdrop of fuel demand and reduce oil reserves in the United States to a minimum for three years, since mining in the Gulf of Mexico remains low after two hurricanes. Earlier in September, the cost of oil has steadily grew after a long period of uncertainty caused by a coronavirus pandemic.
/Media reports.