the value of the futures contracts of Brent crude oil with delivery in January 2017 exceeded $ 49 a barrel for the first time since 1 November. In this case, the maximum price was raised to $ 49,7.
According to analysts, the rise in oil prices is due to expectations about reaching agreement between the countries of the OPEC to limit production.
“Great signal for the market were the actions of Iran and Iraq, they continue to make proposals in the agreement, which will be considered at the November meeting in Vienna. And positive adds, the Iranian oil Minister, who said that, probable that the session will end with success. The effect of the agreements reached, according to our estimates, to be modest, Brent will be back in the range of $ 50-55 per barrel”, — analyst UK “alpha-the Capital” Denis Asanov.
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