Brent oil price is over $ 80 for the first time since October

Brent Mix Price has exceeded more than $ 80 a barrel, as America extends sanctions in an effort to hinder crude oil flow from Russia. Brent futures have risen by 5% since early October to trade at their highest levels, while the intermediate price of Western Texas has risen to about $ 77. Comprehensive fines are aimed at two companies that trade more than a quarter of Russian oil exports, as well as biotechnology businesses and a large least tanker. The prices of reference to raw materials have increased earlier in the session after a report stating that the refinement of businesses in India is preparing for these measures. While the market expected additional sanctions against Russia, the potential scope of restrictions was not clear, and the target of a large number of tankers threatened to limit Russia’s ability to achieve ships significantly. The traders were also preparing to impose more striking sanctions on Iranian oil, which would tighten the market, which is already witness to the US shares. Conditions that support high oil prices, the most stringent image, along with cold weather and a decrease in Russian free exports by sea, have increased the recent high prices. Bok financial securities. The immediate difference of Brent -ru – The price difference between the two nearest decades – expanded to $ 1.02 a barrel in the ‘Bakuration’ case, a bullish pattern. A month ago, the difference was only 29 cents. The price of Brent Mix, Mars by 3.7%, rose to $ 79.73 a barrel, at 10:23 pm in New York, the price of Western Texas -Tussentage crude, February delivery, 3.9% to $ 76.82 a barrel.