Brent Crude Price Exceeds $85 A Barrel For The First Time Since 2018

Baghdad Oil prices in global markets continued their rapid rise, and prices grew by about 1 percent, today, Friday, to exceed the price of a barrel of Brent crude standard, the level of $ 85; for the first time since October 10, 2018.

According to “Sputnik”, according to trading data, as of 10:51 Moscow time, the prices of Brent crude futures contracts, for the month of next December, increased by 1.21 percent; where the price of a barrel reached 85.02 dollars.

The price of futures contracts, for the month of November, for West Texas Intermediate crude, amounted to 82.22 dollars per barrel, an increase of 1.12 percent.

And oil prices rose, this morning, by between 0.7 percent and 0.8 percent, on average.

Source: National Iraqi News Agency