Date: 11 months ago   Category: Economy

The price of Brent crude oil for the first time since July 31 has exceeded $75 for barrel - RIA Novosti, 8/24/2018


MOSCOW, 24 Aug — RIA Novosti. The price of Brent crude oil for the first time since July 31 has exceeded 75 dollars for barrel, data of the auction.© of AFP 2018/Atta Kenare the Bomb for OPEC demonstrate. Why the USA stocks up нефтьюПо to a state at 07:30 Moscow time the cost of October futures for the North Sea oil mixture of the Brent brand grew for 0,47%, up to 75,08 dollars for barrel, the price of October futures for WTI crude oil — for 0,62%, up to 68,25 dollars for barrel. Earlier large American hedge funds Andurand Capital and Westbeck Capital have warned about the future increase in prices for oil against the background of introduction in November of a new portion of the American sanctions against Iran and decrease in oil production in Venezuela.© RIA Novosti / Alexey Vitvitsky the USA has threatened to Pass into an image bank with new measures for rendering pressure upon Iranpo to the forecast of analysts, current situation will lead to leaving from the market 1,3-2,0 million barrels of oil a day therefore the world prices for fuel can grow to 150 dollars for barrel. Analysts of the Cowen company whose opinion is given by the MarketWatch agency, predict that as a result of renewal of the American sanctions export of raw materials from Iran will be reduced by 900 thousand barrels a day, up to 1,6 million barrels a day. The U.S. President Donald Trump declared on May 8 that Washington leaves the agreement with Iran on the nuclear program reached by "six" of international mediators (Russia, the USA, Britain, China, France, Germany) in 2015 and has reported about recovery of all sanctions against Iran including secondary, that is concerning other countries doing business with Iran. Trump's decision was criticized by both Russia, and partners of Washington in Europe.

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