| Oil prices on the New York stock exchange reached new record levels. Yesterday, the cost of raw materials exceeded the level of $42 per barrel. Prior to this, the historical maximum on this trading floor was recorded at $41.85 per barrel. The main reason for the rapid growth of quotes, according to experts, is still the unstable situation in the Middle East. At the end of last week, in Saudi Arabia, which is the largest exporter of raw materials to the world market, terrorists took hostage and then killed several employees of Western oil companies. However, trading floors in New York and London were closed until yesterday due to national holidays, so another jump in prices occurred only on Tuesday. On the London Stock Exchange, oil prices rose by $1.52 to $38.12 per barrel. Now market players are awaiting the results of tomorrow's meeting of OPEC ministers. Previously, some representatives of the cartel did not rule out that the organization could either decide to increase the actual volume of production or completely abandon the quota system. " TIME FOR NEWS"
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