Oil is becoming more expensive on geopolitical tensions

The world oil prices are growing by more than 1% against the background of geopolitical tensions between Ukraine and Russia, Brent brand tests the level of $ 96 per barrel, testifying data of trading, reports “Prime”.

The price of April futures on Brent oil has grown by 1.14% – to $ 95.51 per barrel. WTI wTi futures are more expensive by 1.41% – to $ 94.39.

According to data, geopolitical tensions contribute to price growth. According to Oanda analysts, Brent oil brand without problems can rise above $ 100 per barrel. A little restrain the growth of quotations news on nuclear negotiations with Iran. According to media reports, the Vienna negotiations on the resumption of a joint comprehensive action plan (UNDF) on a nuclear transaction with Iran are approaching completion, the participants are discussing the “remaining questions”.