Transaction data show that the world oil prices have started to increase again, and primarily due to a declining oil production in the US.
Accordingly, the November Futures’ Brent Crude Oil has gone up by 0.7 percent and reached $48.01 per barrel.
And the November Futures’ Light Sweet Crude Oil (WTI) has risen by 1 percent and made up $45.23 per barrel, reported the Gazeta news site of Russia.