Crude oil prices hit new highs in seven years, Brent to $86.40.

World crude oil prices rose 0.47-1.05 percent, Brent crude futures hit $86.40 a barrel. Responding to tight oil market conditions – global demand for oil is increasing.

The price of foreign crude oil as of October 27, 64 has been changed according to the type of reference as follows:

• West Texas (WTI) was $84.65/barrel, up $0.89, or 1.05%.

• Brent was at $86.40 a barrel, up 0.4 dollars, or 0.47%.

Thai Oil Public Company Limited It said crude oil prices rose to their highest level since 2014 as oil supply remained limited. amid the energy shortage crisis including rising coal and natural gas prices As a result, electric power producers turn to oil instead. amid the colder weather in North Asia

While the OPEC Plus group maintains oil production. It increased oil production by only 400,000 barrels per day in November, although several countries pressured the group to increase production to slow the surge in oil prices. On November 4, to determine the next oil production policy.

The US Petroleum Institute (API) reported that U.S. crude inventories rose by 2.3 million barrels for the week ended Oct.

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