Oil crossed the mark $50 per barrel

On Monday, the oil passed an important mark $50 per barrel. Investors are focused and waiting for a decision from OPEC about reduction of oil production by OPEC countries. The November delivery of WTI crude oil will be priced at $50.44 per barrel. This result is on 0.20% higher than yesterday's price. On trading in London December delivery  Brent crude for will cost of $52.18 per barrel. Yesterday was published optimistic forecasts from the FRS.