The oil is more expensive

on Friday, 21 May, oil prices after falling quite probably moved to an increase: the price of Brent increased by 2.8%, to USD 66.54 for a barrel and the WTI price – by 3.4%, to USD 63.71 for Barrel.

Statement of the State Secretary of Anthony Blinkin, that the State Department does not see any significant progress in the negotiations with Iran, became an important factor in growth in oil prices. In addition, an overview of the Experts of the British consulting company Makenzie, which was concluded on the leading role of oil and gas sectors at least until 2050 and forecasting oil prices to 2030 to USD 80 per barrel, helped to re-inspire the growth market.

Morning increase in oil prices: Bretium price increases by 1.04%, again exceeding USD 67 per barrel, and the WTI price increases by 0.9%, showing an increase of over USD 64 per barrel. We expect a new price corridor at Brent for 66-68 USD Barrel.

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