Oil prices crossed $ 119

Brent North Sea crude traded at $ 3.68 a barrel today, trading at $ 119.16 a barrel.

US crude rose $ 3.47 to $ 112.74 a barrel.

According to the official website of the Organization of Petroleum Exporting Countries (OPEC), a barrel of oil produced by the organization was traded at 114 dollars and 60 cents in yesterday’s trading.

According to Reuters, today the oil market experienced a volatile atmosphere and the reason for the increase in the price of black gold today was the disruption of oil flow in one of the pipelines of Russian oil exports.

The market is still waiting for the details of further sanctions against Russia, the world’s second-largest oil exporter.

US President Joe Biden is scheduled to announce the details of further sanctions against Moscow shortly after meeting with European leaders and attending an emergency meeting of NATO members.

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