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The price of a barrel of Brent oil has exceeded 85 dollars

April 3, 2023

The price of a barrel of Brent oil for the first time since March 7 exceeded 85 dollars. Evidenced by trading data from the London ICE exchange on April 3. According to the stock exchange, the price of a barrel of oil rose by 6.43%. Now, fuel is trading at $85.41 (+6.46%).
Earlier, the Wall Street Journal wrote about the “insatiable” purchase of Russian hydrocarbons by North African countries. We are talking about countries like Tunisia, Morocco, Egypt, Libya and Algeria.
According to economists, the activity of Africans is due to the oil embargo of Europe. Buyers from the above countries re-export petroleum products from Russia, negating all sanctions efforts by the collective West, experts say. Brent oil price rose above $85 a barrel

Russia Desk

Russia Desk

The Russia Desk leads The Eastern Herald's coverage of Russia, the war in Ukraine, NATO's eastern flank, and the post-Soviet space. The desk has reported continuously on the Russia-Ukraine conflict since its full-scale expansion in February 2022 and verifies through Kremlin statements, NATO briefings.

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