Oil price exceeds US$84 per barrel

Oil price exceeds US$84 per barrel
interfax.az

Oil prices hit new records. According to the London Stock Exchange, the cost of Brent crude has exceeded US$84 per barrel for the first time in three years, rising up by 2.5 percent. WTI crude prices topped US$81 a barrel. Such dynamics persists due to the decision of the OPEC+ to keep the plan on increasing the oil output by 400,000 barrels per day in November. There are forecasts of prices to grow up to US$86 a barrel in the near future.

 

Translation by Saniya Sakenova

Editing by Galiya Khassenkhanova

 

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