Oil reaches its highest level since 2014, Brent exceeds $ 84 per barrel



Posted 8 minutes ago – 8:53 PM, October 1, 2018

Brent oil prices rose more than $ 84 a barrel for the first time since 10 November 2014, according to trade data from Monday.

Brent crude oil in December generated an increase from 1.61% to $ 84.05 per barrel. The rough futures in Western Texas increased by 1.49% to $ 74.36 per barrel.

It is worth mentioning that the continued rise in oil prices is due to waiting for the start of the application of US sanctions against Iran in November.
At a time when Washington announced that it wants to affect the scale of Iranian oil exports. According to statistics from the International Energy Agency (IEA), the volume of Iranian oil exports in July amounted to 1.9 million barrels per day, a decrease from the May level of 500,000 barrels.

News Oil prices reach their highest level since 2014. Brent exceeds $ 84 per barrel.You can see the original source of the news via the following link: Al-Azhar newspaper The Al-Wehda website rejects full responsibility for the content of any news but it is the responsibility of the original publisher of the news.


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