The price of December futures for Brent crude oil grew by 1.21% - to 85.02 dollars per barrel, November futures for WTI - by 1.12%, up to 82.22 dollars per barrel. In the morning, oil rose in price by an average of 0.7% - 0.8%.
Earlier this month, oil producers in the OPEC+ cartel ignored the US pleas to increase output more quickly than planned by the group. OPEC+ said it will stick with plans to release an additional 400,000 barrels per day onto the market from November through April, as part of a gradual unwinding of historic supply cuts in place since the COVID-19 outbreak last year.