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Oil prices jumped above 50 dollars

Котировки нефти подскочили выше 50 долларов

Oil prices jumped by reducing the risk of a British exit from the European Union — the August gold futures on the mark Brent at 12:25 Moscow time has risen to the level of 50.03 USD per barrel. Compared with the end of trading on 17 June, the benchmark grade rose in price by 1.73 percent. This is evidenced by data the London exchange ICE.

Quotes of WTI oil decreased on the level 49,34 dollars per barrel, the growth of the trading volume on Friday amounted to 1.61 per cent.

Against this background, the dollar against the ruble on the Moscow stock exchange fell by 1.08 percent, to 64,15 of the ruble, the Euro by 0.6 percent, to 72,68 rubles.

June 8, Russia’s Finance Minister Anton Siluanov said that the ruble exchange rate is no longer directly dependent on oil prices.

Federal budget for 2016 laid out based on the average price of Urals oil at $ 50 per barrel. It is expected that its deficit will reach 2.36 trillion rubles — it is covered by the Reserve Fund.

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