Oil prices are soaring

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Brent and WTI rise in price on news of possible restrictions on the production of black gold in the world.

Oil prices are rising on Monday on the statements of Iran and Iraq readiness to take measures to stabilize the oil market.

The January futures for Brent crude on London’s ICE Futures exchange 14:08 price rose to 47.78 a dollar per barrel. Quotes of WTI oil futures for December trading on the new York Mercantile exchange (NYMEX) rose to 46,53 USD per barrel. In the future, the price of black gold rose even higher, reports the Internet-the edition with reference to .

According to the Minister of oil of Iran Bijan Zanganeh, the likelihood that OPEC will agree on production cuts November 30, quite large. The Minister noted that in case of success of negotiations, oil prices could rise above $ 55 per barrel.

Ahead of the meeting, analysts at Goldman Sachs upgraded near-term forecasts for the oil market. According to experts of the Bank, Brent in IV quarter will cost an average of $ 50 per barrel, not $ 43 per barrel, as previously expected. Forecast for first and second quarters of 2017 was increased to 56.5 per barrel, respectively $ 47 and $ 52 dollars per barrel.

Forecast the price of WTI for the current quarter increased from $ 43 to 48.5 dollars per barrel in the first half of 2017, with 47.5 per dollar up to $ 55 per barrel.However, the Minister of oil of Iraq Jabbar al-Laibi said that his country will put forward new proposals during the meeting that will help come to a compromise in relation to limits on production.

Читайте также: Свежие новости здесь.

Читайте также: Свежие новости здесь.

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Читайте также: Свежие новости здесь.

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