Brent oil price exceeds $55 per barrel

As a result of e-commerce in London and New York stock exchanges, the world oil prices are rising, Gazeta.ru reports.

According to the source, the price for October Futures WTI oil increased by 0.18% to stand at $49.98 per barrel on the New York Mercantile Exchange (NYMEX).

The price for November Futures Brent oil rose by 0.22%, amounting to $55.59 per barrel on the London ICE Futures Exchange.  

To note, one barrel equals 158,988 liters.