Oil Becomes More Expensive. Should We Be Happy about That?

Oil Becomes More Expensive. Should We Be Happy about That? The oil market started in 2018 with a successful “run” to new highs for 2.5 years: according to Bloomberg, last Thursday the price of Brent at the auctions in London exceeded $ 68 per barrel for the first time since May 2015. The American standard WTI went up by 3.9% – to 62.21 dollars per barrel, also having registered a peak since the summer of 2015. A new record was demonstrated by Azeri LT CIF Azerbaijani... Read More