Oil prices rise: Brent- $ 80,08 per barrel, WTI - $69,81

December futures for Brent crude oil by 8:13 GMT on October 18 added only $ 0.03 and amounted to $80.08 per barrel. This is evidenced by the auction data.

Quotations of the November WTI oil contract rose to 8: 14 GMT at $0.06, to $69.81 per barrel.

As a result of trading on October 17, the value of the December contract for Brent on the ICE Futures exchange in London fell by $1.36 and amounted to $80.05 per barrel. November WTI futures on new York's NYMEX commodity exchange fell $2.17, to $69.75 a barrel.

Commodity oil reserves in the United States last week jumped by 6.49 million barrels, according to "Finmarket".

Earlier, the American petroleum Institute (API) reported a decrease in reserves by 2.13 million barrels, and surveyed S&P Global Platts experts predicted an increase of 1.88 million barrels.

Meanwhile, the US continues to increase oil production in anticipation of the second round of sanctions against Iran, concerning the fuel and energy complex. US Department of energy expects an increase of shale production in the country in November, nearly 100 thousand barrels per day (b/d), to 7.71 million b/d. half of the increment will ensure the areas of the Permian basin in the States of Texas and new Mexico, where production in the aggregate will exceed last Iranian figures.

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2014