The price of oil Brent for the first time since the end of January exceeded $36

The price of oil Brent for the first time since the end of January exceeded $36


Moscow. On 26 February. The prices for oil imports grow Friday, with the price of Brent topped $36 per barrel for the first time since the end of January, reports Bloomberg.

April futures for Brent crude on London’s ICE Futures exchange by 13:00 Moscow time has risen in price by $0,73 (2,07%) to $in × 36.02 per barrel.

Economyon 16 February 2016Аналитики made the falling prices of WTI crude oil to $10Читать read more

Quotes of WTI oil futures for April in electronic trading on the new York Mercantile exchange (NYMEX) to a specified time has increased by $0,71 (2,15%) – to $equal to 33.78 per barrel.

In trading on Thursday Brent crude rose by 2.6%, WTI – by 2.9%.

A positive factor for oil prices was data about falling of stocks of refined products in the U.S. last week. In addition, market participants are hopeful that the country’s oil producers will be able to come to an agreement to freeze production.

As previously stated the Minister of oil of Venezuela, Eulogio del Pino, Russia, Saudi Arabia and Qatar agreed to conduct a “wide meeting” the countries-manufacturers of oil in mid-March. The venue is not yet defined.