Following the results of last week, the price of Brent crude rose by 1.5%, WTI - by 1.4%. In the oil market, there was an increase in price volatility at the maximum rate since May amid a decline in supplies from Iran and Venezuela, as well as an increase in production in Saudi Arabia, Russia and the United States. At the same time on Friday, November futures for Brent fell 20 cents to 77 dollars 98 cents a barrel. The cost of the October futures for WTI crude oil rose by 9 cents to 68 dollars 68 cents per barrel. Dow Jones agency writes that, according to forecasts of many analysts, the rally of oil prices is coming to an end. In addition, according to OPEC, there are risks of weakening demand in developing countries.
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