Price of oil soars at January prices this year

Brent’s barrel value rose to $ 58 a barrel in London, the WTI barrel gained nearly 2% at this time.

Oil prices rose sharply on Monday after European trading ended as investors feared that the referendum on independence in Iraqi Kurdistan would exacerbate tensions with Turkey and disrupt exports in the region.

At the close in London, North Sea Brent crude for November delivery was selling at $ 58.26 at London’s Intercontinental Exchange (ICE), up $ 1.40, 50%) compared to the closing of Friday.

On the New York Mercantile Exchange (Nymex), US light sweet crude (WTI) for the same delivery rose 99 cents to $ 51.65 (1.97%) at 11 : 15 in the morning.