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Oil Brent for the first time since June was more than $51

Нефть Brent впервые с июня стала дороже $51

The price of Brent crude oil on Thursday evening exceeded $51 per barrel. It was the first time since June of this year.

As follows from the data the London exchange ICE the price of Brent oil with delivery in October, as of 21:18 Moscow time has risen in price to $51,05 per barrel.

Previously, the cost of this brand of oil broke through the $51 on 23 June.

Price of the September futures on WTI increased by 2.86% to $48,13 per barrel.

Last week, OPEC published in a press release, the words of the President of the organization, the head of the Ministry of energy of Qatar Mohammed bin Saleh al-Sada, who said that the countries-participants of the cartel plan to hold informal consultations on the sidelines of the International energy forum, which will be held in September in Algeria.

In addition, this week the Venezuelan Ministers of oil and foreign Affairs continue to seek consensus on the stabilization of oil prices within the framework of his world tour for a number of OPEC countries and outside the organization States. The Minister of foreign Affairs Delcy rodríguez was on Wednesday in Saudi Arabia. Before that, they with the Minister of oil, Eulochio del Pino visited Qatar and Iran.

“It’s definitely an impressive movement prices of oil — ed) up”, — quotes Agency MarketWatch words of co-editor of the report on the state of the markets The 7:00’s Report Tyler Ritchie. He also added that, in his opinion, speculation on the market about freezing of oil production again playing into the hands of OPEC, reports “PRIME”.

The price of oil also continues to support the published statistics on commercial oil stocks in the United States (excluding strategic reserves) for the week ended August 12. The index unexpectedly fell by 2.5 million barrels, or 0.5% to 521,1 million barrels.

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