Thursday, November 12, 2026Moscow
Economy

Brent oil rose to $107 per barrel

The cost of November futures for Brent on the London exchange ICE Futures by 08:15 MSK increased to $107.26 per barrel, which is $2.94 (2.82%) higher than the closing level of previous trading. On Friday, these contracts fell by $2.28 (2.14%), to $104.32.

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The cost of November futures for Brent on the London exchange ICE Futures by 08:15 MSK increased to $107.26 per barrel, which is $2.94 (2.82%) higher than the closing level of previous trading. On Friday, these contracts fell by $2.28 (2.14%), to $104.32.

Futures for WTI oil with delivery in November at electronic auctions of the New York Mercantile Exchange (NYMEX) by 08:15 MSK increased in price by $1.71 (1.85%) - to $94.12 per barrel. At the end of the previous session, their value decreased by $2.20 (2.33%), to $92.41.

On September 26, US President Donald Trump said he did not recognize the Iranian plan to de-escalate the conflict. Under the proposals, Iran was willing to restore traffic through the Strait of Hormuz in exchange for ending the U.S. naval blockade.

Iranian Foreign Minister Abbas Araqchi in an interview with NBC News, commenting on the refusal of Donald Trump, noted that there was no official notification of this through intermediaries. According to him, Iran is interested in opening the strait as part of an agreement to end the conflict and in exchange for unfreezing assets.

Source: Коммерсантъ ↗

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