The price of oil exceeded $ 79

Цена на нефть превысила 79 долларов

Brent crude finished the week with notable growth

Brent crude in London rose $of 1.43, and the price of WTI in new York fell $0.03.

World oil prices benchmark grades traded mixed on the last working day of the week. This according to the auction on Friday, June 29.

So, the price of August futures for North sea Brent crude on London exchange ICE Futures at 13:20 on Kiev increased by $1,43 (1,84%) to $79,04 per barrel.

In turn, the price of oil WTI for August delivery in electronic trading on the new York Mercantile exchange (NYMEX) decreased marginally by $0,03 (0,04%) to $73,42 per barrel.

Earlier this week it became known that the United States would impose an embargo on Iranian oil from 4 November. The Americans are going to isolate the cash flows of Iran. Also, the U.S. is ready to impose sanctions after a specified date against international companies, if they will Fund the Iranian regime.

News from the Reporter.net Telegram. Subscribe to our channel https://t.me/korrespondentnet

Fluctuations in oil prices

Trump has again criticized OPEC for high oil prices

Saudi Arabia decided to increase oil production

Fitch called the stable state of the Russian economy

Russia emerged from a 20-year recession – Bloomberg

Russia will double the reduction of oil production
Source