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Brent traded at $ 78.81 per barrel
The Brent crude oil price this morning, July 10, 2018, was over $ 78 per barrel. This is evidenced by the stock market data on the RBC website.
Thus, at 11:17 am in the Kiev period, the price of Brent oil was $ 78.81 per barrel. Note that Tuesday's benchmark oil trade continues to climb against a backdrop of unplanned supply shocks from Libya and Venezuela, as well as a massive reduction in Iranian fuel exports.
At the same time, the market expects to reduce commercial oil reserves in the United States. In particular, according to analysts surveyed by Bloomberg, US oil stocks fell by 3.88 million barrels
Earlier it was reported that Iran would block oil supplies across the Strait of Ormuz in the Persian Gulf if the United States States prohibit oil exports.
"If they want to stop Iranian oil exports, we will not allow any oil companies to cross the Strait of Ormuz," said Ismail Koussari, deputy head of the Saralla group of the Guardian Corps of the Islamic revolution. ]
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