Oil surging toward $100 per barrel

Maria Novoselova / Vestnik Kavkaza

The price of Brent crude oil futures contract with November delivery on London’s ICE surpassed $93 per barrel for the first time since November 16, 2022.

According to the exchange data as of 13:49 Moscow time, Brent oil price incresed by 0.93% to $93.05 per barrel.

By 13:57 Moscow time, Brent oil price reached $93.02 (+0.9%). At the same time, WTI oil futures with October delivery rose by 0.81% to $89.66 per barrel.

© Photo :Maria Novoselova / Vestnik Kavkaza