19.11.2010, 11:25 3242

World prices for oil raised on November 18

The prices for oil in the world markets on Thursday, November 18, for the first time this week, increased in the background of the expectations of rendering Ireland financial help and due to the decrease of the US dollar exchange rate.

Almaty. November 19. Kazakhstan Today - The prices for oil in the world markets on Thursday, November 18, for the first time this week, increased in the background of the expectations of rendering Ireland financial help and due to the decrease of the US dollar exchange rate.

The official cost (settlement) of January futures oil contracts of Brent Crude Futures at the London electronic commodity exchange (InterContinental Exchange Futures Europe, ICE Futures Europe), following the results of the tenders on November 18, went up from $83.28 to $85.05 per barrel.

The official cost (settlement) of December futures contracts on the American WTI (Light Sweet) at the New York Mercantile Exchange (NYMEX), following the results of the tenders, went up on November 18 from $80.44 to $81.85 per barrel.

The price of the OPEC Reference Basket on November 17 decreased from $82.35 to $81.90 per barrel.

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