The rise in oil prices after Saudi Arabia hints agreement with Iran

The number of visits: 5666 Published on: 23/9/2016, 18:40 Published by: Messenger of Delphi

Oil prices rose on Friday after sources said Saudi Arabia could cut its crude production if found Iran this year, she said.

And increased global measurement Brent and WTI US mediator in the futures after the announcement of the news while Brent jumped more than one percent.

By 11:11 am GMT, the price of Brent futures to $ 48.04 a barrel, up 39 cents, or 0.82 percent.

US crude was trading in the futures at $ 46.40 a barrel, up eight cents, or 0.17 percent.

And began oil futures dealings on Friday to drop amid weak investor hopes of a breakthrough to support prices in the talks held by OPEC members in Algeria next week