The rate of oil Brent has overcome a mark 72 dollars per barrel.
The price of oil (June futures) on Wednesday 18 April to 14.53 MSK grew by 1.2% to 72,44 per barrel for Brent.
The market of black gold is based on the data about reduction of stocks of energy resources in the United States. For the week ended April 13, the oil reserves in the country decreased by 1.05 million barrels to 427,55 million barrels. Gasoline inventories fell by 2.5 million barrels, distillates – by 854 thousand barrels. The oil reserves in the country’s largest terminal Cushing (Cushing, serves trading on the NYMEX futures WTI) fell by 1.02 million barrels.
The ruble is not yet able to determine the direction of movement, while remaining hostage to the news of sanctions. So, after a morning of drawdown he soared on reports that the Russian Embassy in Washington has received from the US administration document, certifying that in the near future sanctions will not be imposed, as said trump.
However, all that short-term fluctuations, and then the course again stretches in the middle of the corridor fluctuations indicated a few days ago after the introduction of new U.S. sanctions against Russia and aggravation of situation in Syria (58 to 65 rubles to the dollar and the Euro 71-80).
To 14.52 GMT, the dollar was increased from the start of trading at 0.1% to 61.61 ruble, the Euro by 0.26% to 76,33 of the ruble. Until the end of the day, the U.S. currency will fluctuate in the range of 61-62 ruble, Euro – in the hallway one 75.7-76.9 ruble. The price of oil in rubles remained at the level of 4450 rubles per barrel.
GK Forex Club