The price of Brent crude oil rose to $101 amid the cancellation of negotiations between the United States and Iran

World prices for Brent crude oil on Monday, April 27, showed growth and surpassed the mark of $ 101 per barrel amid reports that the second round of negotiations between the United States and Iran, held in Pakistan, did not take place. This is evidenced by the trading data on the platform. Investing.com .

As of 01:19 Moscow time, the price of July futures for Brent crude oil rose by 2.30% relative to the previous closing level. The cost of a barrel was $101.41.

​​​​​​​How the United States and Iran are capitalizing on the crisis. Analysis

On April 22, Reuters reported that traders made more than 4,000 oil sales worth $430 million just 15 minutes before US President Donald Trump announced the extension of the ceasefire with Iran. This is the third case in April and the fourth since the beginning of the Middle East conflict, when large, well-planned bets on changes in oil prices were made shortly before important statements about the war with Iran.