World oil prices in the morning of October 30 show mixed dynamics. This is evidenced by the auction data. At 7:41 GMT, the value of January futures on Brent decreased by 0.23% to 77.19 dollars per barrel. The price of December futures for WTI oil rose by 0.21% to 67.18 dollars per barrel.
Uncertainty in the oil market is growing before the entry into force of us sanctions against the oil sector of Iran in early November, RIA Novosti reported.
Washington has declared the purpose to increase the export of oil from Iran to zero and called on buyers of Iranian oil to abandon such purchases.
At the same time, Saudi energy Minister Khalid al-falih said last week that oil production in the Kingdom could grow to 11-12 million barrels per day. This should help to replace the volumes of Iranian oil that are leaving the world market.