Photo: Statoil Oil Brent has risen in price to $83,22 per barrel

Last week, Brent increased in price by 5% in September to 6.8%, for the third quarter by 4.1%.

The oil price of Brent North sea this morning, October 1, 2018 for the first time since November 2014 rose above 83 dollars per barrel.

Futures for North sea Brent blend has risen in the morning by 0.53% to $ 83,17 per barrel. Futures contracts for WTI traded at 73,51 dollars per barrel, or 0.35% above the previous close.

The price of Brent crude updated four-year highs at auction due to the US sanctions against Iran.

We will remind, according to the forecast commodity traders Trafigura and Mercuria, the price of European benchmark Brent for Christmas could grow to $90 per barrel, and in early 2019 to exceed $100 per barrel.

 

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