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Brent oil prices rose above $107 per barrel for the first time since September 16

The price of oil at a maximum exceeded $107 per barrel. Brent price rises after Houthi strikes on Riyadh airport

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Brent oil prices rose above $107 per barrel for the first time since September 16

On Monday, October 12, Brent crude oil prices rose above $107 per barrel for the first time in almost a month. The cost of December futures on Brent on the London exchange ICE Futures increased by 2.38% and reached a maximum of $107.22 per barrel. This is evidenced by trading data at 16:50 MSK. Brent was trading above $107 a barrel on September 16.

According to Trading Economics, oil prices continue to rise amid strikes on the airport in the Saudi capital Riyadh. Iran-backed Yemeni Houthis attacked King Khalid International Airport in the Saudi capital on Saturday, killing 12 people and injuring more than 300. On October 11, a new blow was struck at the airport.

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Source: РБК ↗

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