World oil prices rise

Economic Department
Author

World oil prices rose on Monday morning with strong demand and the OPEC + decision, trading data showed.

Report informs, citing Prime, that as of 9:00 am (GMT +4), the price of Brent crude January futures rose by 1.11% - up to $83.66 per barrel, December futures of WTI rose by 1.23% - up to $82.27 per barrel.

Saudi Arabia's state-owned oil company, Saudi Aramco, has raised official selling prices for December to its customers in all regions, a sign of solid demand, according to ANZ analysts quoted by the Wall Street Journal.

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