Oil

Dmitry Peskov noted that these disagreements are considered as nothing but “working situation.”

WTI crude oil futures for January delivery grew by 1.82 %, to 43.19 dollars per barrel.

America, which has led the refining industry since the start of the oil age in the mid-nineteenth century, is facing the threat of being finally dethroned by China as early as next year, the publication reads.

They warned that the attacks would continue and advised foreign companies operating in Saudi Arabia to be careful.

China remains one of the few countries that have increased the procurement of raw materials during the pandemic.

WTI crude oil futures also rose in price.

Analysts note that oil quotes are rising amid the presidential election in the United States.

Currently, two people are subject to the sanctions; their names have not been announced.

This was reported on the website of the President of the Republic of Belarus.

The increased volatility of the oil quotes is caused by the anticipation of the results of the presidential election in the United States.

The reason is technical problems on the pipeline.

In the baseline scenario it may increase to 71 dollars by 2025, to 76 dollars by 2030, and to 85 dollars per barrel by 2040.

The cost of Brent was 42.47 US dollars per barrel; the price of futures for WTI was 40.24 dollars.