Categories: economy

Oil prices are approaching a six-month high

The last time the price of Brent crude oil hovered above $ 75 per barrel on 31 October 2018.

The world prices for oil reference marks continues to grow at the auction on Thursday, April 25.

So, at 11:00 the cost of the futures on Brent crude for delivery in June 2019 on the ICE exchange in London rose to $75,30 per barrel (+0,98%).

In recent times the price of this oil was well above $75 per barrel on 31 October 2018.

The cost of the futures on WTI for June at the electronic session on the new York Mercantile exchange (NYMEX) rose to $66,11 per barrel (+0,33%).

Note, oil prices continue to rise amid the tightening of U.S. sanctions against Iran.

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