The price of oil is rising and is approaching $ 60 per barrel
The price of oil on commodity exchanges in the world is growing and is approaching the psychologically important level of $ 60 per barrel. So, December futures for Brent crude oil have exceeded $ 58 per barrel and continue to grow. And the November contracts for WTI oil exceeded $ 52 per barrel and did not stop there. First, black gold rose in price to increase tensions in Iraqi Kirkuk, then this trend was supported by the Iranian side. Deputy head of the Iranian oil minister, Amir Zamaniniya, said at the Oil and Money conference that Tehran is in favor of maintaining the OPEC agreement and a number of states outside the cartel plan to reduce oil production by the end of next year. It is expected that the meeting of the ministers of the member states of the agreement on the reduction of the production of black gold will be held on November 29 this year in Vienna.
