The price of American WTI crude oil exceeded $ 40 per barrel

The price of American WTI (West Texas Intermediate) crude oil on Wednesday, September 16, rose above $ 40 per barrel, according to trading data.

As of 19:07 Moscow time, the price of WTI oil futures for October delivery increased by 4.55% versus the closing level of the previous trading session and reached $ 40.02 per barrel.

The last time oil of this brand cost more than $ 40 per barrel on September 4 this year.

Earlier today, the price of North Sea Brent oil blend exceeded $ 42 per barrel for the first time since September 8.

The growth of oil prices is facilitated by the publication of data on a sharp decline in oil reserves in the United States.