Thursday12 December 2024
toshkent24.com

Oil prices are experiencing a moderate increase.

Oil prices for benchmark grades began to rise moderately on November 29, according to Bizmedia.kz.
Цены на нефть постепенно растут.

Interfax reports that market participants are awaiting the results of the postponed OPEC+ meeting, which will take place next week.

January futures for Brent crude oil on the London ICE Futures exchange rose by $0.10 (0.14%), reaching $73.38 per barrel.

On the New York Mercantile Exchange (NYMEX), January futures for WTI crude oil increased by $0.43 (0.63%), amounting to $69.15 per barrel.

The upcoming meeting of OPEC+ member country ministers remains a key event for the market, having been rescheduled from December 1 to December 5 and will be held via videoconference.

Oil prices may impact the exchange rate of the national currency — recently, the dollar was sold for 518 tenge.