Brent price for the first time since 2018 above $ 76

The cost of Brent crude by 17:31 Moscow time rose on the ICE exchange to $ 76.02 per barrel (+ 1.62%). Brent last crossed this mark in October 2018. As of 20:00 Moscow time, the price of the August futures of this brand was $ 75.35 per barrel.

July futures for WTI crude oil at 16:45 cost $ 74.2 per barrel.

According to the Moscow Exchange at 20:03, the dollar was trading at 72.75 rubles. (-0.17%), euro – at the level of 86.82 rubles. (-0.28%).

Considering the rise in oil prices, Russia can offer to start increasing OPEC + quotas as early as August. Negotiations to lift the US embargo on Iranian oil exports are dragging on, the market has become deeply scarce.

The situation on the oil market – in the material of “Kommersant” “It is difficult to judge about quotas in advance.”

Leave a Reply

Your email address will not be published. Required fields are marked *