Oil prices rise in response to reduction of reserves
Oil prices rise by 0.16-0.22%
As of October 15 (07:36 Moscow time), Brent Crude futures for December delivery climbed by 0.16% to $43.39 per barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for November delivery on the New York Mercantile Exchange grew by 0.22% to $41.14 per barrel.
OPEC+ approved on April 12, 2020, new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.
