Oil is growing amid fears of reduced supplies to the world market.
Oil prices rise on Friday amid growing fears of a reduction in supplies to the world market due to the expected restriction of production in the North sea, as well as supplies from Iran. The cost of October futures for Brent oil on the London stock exchange ICE Futures increased by $ 0.45 (0.62%) - to $75.19 per barrel. On Thursday, these contracts fell by $0.05 (0.07%) to $74.73 per barrel. The price of WTI oil futures for October on the electronic trading of the NYMEX commodity exchange rose by this time by $0.51 (0.75%) - to $68.34 per barrel. At the end of the previous session, the contracts fell in price by $0.03 (0.04%) to $67.83 per barrel.