Oil prices have soared

World oil prices accelerated growth to five percent, according to trading data.

The price of November futures for Brent crude oil rose by 4.83%, to $ 67.89 per barrel, October futures – by 4.71%, to $ 68.21 per barrel. September WTI futures rose by 5% to $ 65.22.

Last week, there were noticeable sales on world markets. As a result, the oil price fell by 7-9% — this is the strongest decline since October.

The weakening of the dollar supports the growth of oil prices, making this type of raw material more accessible to investors who own another currency.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
E-mail: Great7news@gmail.com
Ivan Maltsev

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