Brent oil price rises above $99 per barrel for the first time since August 30

Business & Economy November 07, 2022, 19:01

By 06:50 p.m. Moscow time, the price of Brent slowed down to 0.31% and was at $98.76 per barrel

MOSCOW, November 7. /TASS/. The price of a January 2023 futures contract for Brent crude oil has risen above $99 per barrel on the London ICE exchange on Monday, for the first time since August 30, 2022, according to trading data.

As of 06:33 p.m. Moscow time, the cost of Brent added 0.53%, reaching $99.09 per barrel.

By 06:50 p.m. Moscow time, the price of Brent slowed down to 0.31% and was at $98.76 per barrel. At the same time, the cost of a December 2022 futures for WTI crude oil went up 0.036% to $92.97 per barrel.

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