The price of Brent crude oil rose to a record at the auction on October 15, testify data from the London stock exchange ICE. Quotes have exceeded the values of three years ago.
At the time of publication, the price of a futures contract for December delivery was $ 85.1 per barrel. The last time the price was at this mark was in October 2018. The increase compared to the closing level was 1.2 percent.
Barrel of American WTI crude at the time of publication equaled $ 82.28 per barrel. Growth in comparison with the level of closing of the previous session amounted to 1.2 percent.
Earlier, Russian Deputy Prime Minister and former Energy Minister Alexander Novak allowed oil prices to rise to $ 100 per barrel by the end of 2021. At the same time, he recalled that the Organization of the Petroleum Exporting Countries (OPEC) has tools to curb excessive growth.