UNITED STATES (OBSERVATORY) – The stock quotes of Brent oil for the first time since the end of November 2014 exceeded the level of $ 75 per barrel.
Futures for Brent crude oil with delivery in June 2018 during trading on the Intercontinental Exchange (ICE) reached $ 75.04 per barrel. This is the highest value for the North Sea benchmark since November 26, 2014.
Exchange contracts for WTI crude oil for delivery in June on the New York Mercantile Exchange (NYMEX) also reached local highs at $ 68.64 per barrel. For the North American oil brand, this is also the highest value since November 2014. Earlier, on April 19, WTI crude oil already tested values above $ 69 per barrel.