Date: 7 months ago   Category: Economy

Brent crude oil has established a price maximum since 2014 - RIA Novosti, 10/1/2018

MOSCOW, 1 Oct — RIA Novosti. The cost of Brent crude oil has exceeded 85 dollars for barrel for the first time since November 10, 2014, data of the auction demonstrate. © Trefilov to Pass RIA Novosti / Vladimir into an image bank Novak called the reasons for which price of oil exceeds market for $5-6po to a state at 21:40 Moscow time December futures for the North Sea mix grew for 2,8 percent — up to 85,05 dollars for barrel. Price of oil of the WTI brand for the first time since July 3 rose higher than 75 dollars for barrel and was 75,09 dollars, data of the auction demonstrate. Increase in oil quotations is connected with the forthcoming entry into force of the American sanctions against Iran, experts consider. The USA, having left in May the Iranian nuclear transaction, restore restrictions against the Islamic republic. At the beginning of November sanctions against the energy sector will come into force. Washington has declared plans to bring export of oil from Iran to zero. Besides, traders estimate data of the U.S. Department of Energy according to which Kuwait for the first time in 25 years has almost stopped export of crude oil to the United States. According to the agency Bloomberg, Kuwait was reoriented on more attractive market of Asia where about 80 percent of his export.© of Fotolia/Emanuele Mazzoni In Iran leave have told about influence of new sanctions of the USA on cost нефтиИран and the six of international mediators (Russia, the USA, Britain, China, France, Germany) on July 14, 2015 have reached the agreement on settlement of a problem of the Iranian atom. Performance of conditions lifted from Iran the restrictions introduced earlier from the UN Security Council, the USA and the European Union. In May Donald Trump declared that Washington leaves the agreement. He has reported about recovery of all sanctions against Iran, including secondary, that is concerning other countries doing business with Iran. Other members of the six have opposed this step of the USA. Iran has announced creation of two-sided mechanisms on trade in oil in circumvention of sanctions of the USA.



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