Brent oil price up to $89.3 per barrel

Oil prices increased on October 13 afternoon due to the worsening situation in the Middle East.

The December Brent futures cost $86.65 per barrel on the London ICE Futures exchange as of October 13, which is $0.65 (0.76 per cent) more than during the previous session. The price increased by $0.18 (0.2 per cent) to $86 per barrel on October 12, according to Interfax.

The November WTI oil futures in e-trading on the New York Mercantile Exchange (NYMEX) by this time had risen in price by $0.79 (0.95 per cent) to $83.7 per barrel. Proceeding from the previous trading, the price decreased by $0.58 (0.7 per cent), to $82.91 per barrel.