The price of oil rose above $ 86

Цена на нефть поднялась выше 86 долларов

Brent crude in London rose $1,89, while the price of WTI in new York rose $1,49.

World oil prices reference marks increased sharply, for the first time since November 2014 breaking milestone of $ 86 per barrel. This according to the auction on Wednesday evening, October 3.

So, the price of December futures for North sea Brent crude on London exchange ICE Futures at 20:40 on Kiev Myroslava $1,89(or 2.23%) to $86,69 per barrel.

In turn, the price of oil WTI with delivery in November in electronic trading on the new York Mercantile exchange (NYMEX) rose $1,49(1,98%) to $76,72 per barrel.

Note that oil prices are rising despite the increase in stocks of “black gold” in the United States. According to the U.S. Department of energy, the oil reserves in the country rose at the end of last week at 7,975 million barrels to 403,964 million barrels. This is a record growth rate of the index since the beginning of this year.

Earlier Wednesday, Russian President Vladimir Putin blamed the rise in oil prices on U.S. counterpart, Donald trump. To find the culprit of the growth in oil prices, trump needs to look in the mirror, said the President of the Russian Federation.

Also today it became known that the USA stopped deliveries of oil to China. Last year us oil exports to that country exceeded the aggregate volume of supply in the UK and the Netherlands is the third-and fourth-largest importers of United States.

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