The Euro fell below 71 RUB for the first time since July on news of OPEC’s decision

The Euro against the ruble on the Moscow exchange on Wednesday evening, September 28, for the first time since the end of July fell below $ 71 rubles, according to the auction. According to 22:26 GMT, the Euro was down compared with the closing of the previous auction 93 kopecks, to 70.7 RUB.

The dollar at the moment reached 63,08 Is RUB 78 kopecks below the closing level of the previous trading session.

Brent crude on the ICE exchange, according to 22.39 GMT rose in price by 5.16% to $48,34 per barrel. WTI crude oil added to price of 4.68% and was trading at $46,76 per barrel. Earlier in the course of trading on the evening of Wednesday, the cost of a barrel of Brent reached $48,96, WTI — $47,45.

Oil prices rose on news from Algeria, where Monday is the international energy forum. On Wednesday evening the Agency Reuters with reference to the source in OPEC said that members of the cartel countries have managed to agree on the limitation of oil production to the level of 32.5 million barrels. a day. It is 2.2% less compared to OPEC production in August of 33.24 million barrels. a day. The reduction in the level of OPEC production may occur for the first time in eight years.