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Oil above $ 82 and expectations of a return to the price of 100 per barrel
Oil prices, the highest level in four years, were due to imminent US sanctions on Iran's crude exports, as well as OPEC and Russia's reluctance to increase global supplies.
Brent crude futures extended gains, rising more than $ 1 a barrel to a session high of $ 82.22, the highest since November 2014.
Brent crude futures extended gains, rising more than $ 1 a barrel to a session high of $ 82.22, the highest since November 2014.
Oil is heading for the fifth consecutive quarterly gain, the longest winning streak since early 2017, when a six-week rally led oil to a record $ 147.50 a barrel.
US crude futures rose 30 cents to $ 72.38 a barrel near their highest levels since mid-July.
The United States is targeting Iran's oil exports with sanctions on November 4, and Washington is pressing governments and companies around the world to comply and reduce purchases from Tehran.
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