Oil prices are rising on Monday after declining in the previous two days, the investors ‘ optimism was supported by data on the reduction in the number of working drilling rigs in the U.S., reports Bloomberg.
May futures for Brent crude on London’s ICE Futures exchange to 07.50 GMT added 0.6% to 40,69 dollars per barrel, reports “Interfax”.
Quotes of WTI oil futures for may to trading on the new York Mercantile exchange (NYMEX) to a specified time has grown on 0,8% – to 39,76 USD per barrel.