Brent crude oil price up on markets

Baku. 29 November. REPORT.AZ/ The price of January futures for the North Sea petroleum mix of mark Brent Crude Oil increased by 1,768% and reached 48,09.

Report informs referring to trade results at Intercontinental exchange.

WTI crude oil increased by 1,875% and reached 48.94 USD per barrel. Upcoming OPEC meeting rises tension in oil market. Latest controversial statements by representatives of Saudi Arabia and Iraq to freeze production stepped up speculators.