The cost of Brent oil has exceeded $95 per barrel. This is evidenced by trading data on the London ICE exchange.

The cost of Brent per day increased by 4%, to $95.06 per barrel. The last time the price of this grade exceeded $95 per barrel was in October 2014. The cost of WTI crude during trading rose by 5.01% to $94.38 per barrel.

Earlier, the Argus international pricing agency reported that for the first time since September 2014, the cost of Russian export Urals oil in Europe at auction on February 4 exceeded $95 per barrel, TASS reports.

The price of Urals in northwestern Europe - CIF Rotterdam - rose by $4.66 to $95.12 per barrel. The figures were the highest since September 17, 2014 - then the quotes reached $ 96.18 per barrel, Argus points out.

The price of a barrel of oil will jump up sharply in the event of an escalation of the geopolitical crisis in eastern Ukraine. In a negative scenario, the bar will overcome the critical threshold of $100, Alexei Gromov, director of the energy direction of the Institute of Energy and Finance, said in an interview with.

bbabo.Net