Brent oil is trading above $ 62 per barrel

21 November 2017, 11:20 | Economy
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This is evidenced by the data of exchange trades from the Bloomberg rating.

Thus, as of 07:50 Kiev time, the price of a barrel of Brent oil was at the level of 62.32 dollars per barrel. According to recent data, this is 0.27% higher than the closing level of previous trades.

At the same time, the price of January futures for WTI rose to $ 56.45 per barrel, adding 0.05%.



We note that on the eve of the bidding the price of Brent oil fell below $ 62 per barrel due to concerns of traders about the prospect of an extension of the agreement on the reduction of oil production by OPEC members and countries that are not part of the cartel.

Recall, as previously reported URA-Inform, the organization's optimistic forecast for 2018, as the percentage of extraction of "black gold" to increase by another 1.5 percent compared to 2017 - 98 million barrels per day.




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