The price of oil Brent has returned to growth and once again exceeded $50 per barrel. The price increase came after two days of “settling” the cost of futures.
As of 18:05 Moscow time quotations of the October gold futures on the mark Brent on London exchange ICE Futures rose 1.65% to $49,97 per barrel. In the course of trading the price rose to $50,21 per barrel, reports”Interfax”.
The contract for mark WTI for October in electronic trading on the new York Mercantile exchange (NYMEX) rose by 1.48% to $48,11 per barrel.
Earlier today it became known that Iran may maintain a joint action of the world’s largest producers of oil by limiting production.
Source Reuters OPEC did not rule out that the Minister of oil of Iran Bijan Namdar Zanganeh will participate in an informal OPEC meeting in Algeria.
As recalled by “Газета.Ru” at the end of September in Algeria will host an international energy forum. The countries of cartel will be there for informal negotiations, concerned about the decline in prices in the oil market.
In addition, in October, Vienna will host the next meeting of the energy dialogue Russia — OPEC.
At the last official meeting in Vienna, which took place in June, OPEC again agreed to freeze oil production, but chose a new Secretary General.
Earlier, the market declined amid the expected increase in oil supplies from Iraq and Nigeria in the near future, and also due to the weakening of optimism that OPEC will be able to negotiate the terms limiting production at the Algiers meeting.
