Brent price nearly $80 per barrel – Economy | BelarusVC
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Brent price nearly $80 per barrel

London trading

Brent crude prices approached the $80 per barrel mark on trading at the London ICE Futures exchange. According to the latest data, prices rose on the exchange after declining in previous sessions, confirming steady demand for contracts. Brent remains one of the key indicators of the global oil market, and the current level marks higher prices compared to the beginning of the year.

Context

Brent is a global oil price benchmark that measures the cost of seaborne crude oil traded outside OPEC's production limits.

Summary:

Brent price looks around $80 per barrel on ICE Futures in London.