Brent rose to $44 per barrel in anticipation of OPEC’s decision

Moscow. December 4. Oil prices are rising on Monday before a meeting of Ministers of oil of OPEC countries, who on Friday will take a decision on production quotas, Bloomberg reported.

The cost of the January futures for Brent crude on London’s ICE Futures exchange to 8:56 was increased by $0,16 (0,36%) – to $44 per barrel. By the close of market on Thursday, the contract price increased by us $1.35 (3,18%) to $43,84 per barrel.

Futures price for WTI crude oil for January in electronic trading on the new York Mercantile exchange (NYMEX) has increased by this time for us $0.21 (0.51 per cent) to $41,29 per barrel. At the end of last session, the value of the contract jumped $1,14 (2,85%) to $41,08 per barrel.