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The price of Brent crude oil exceeded $ 48

Цена нефти Brent превысила 48 долларов

Photo: Dmitry Korotaev / Kommersant

The price of Brent crude on London exchange ICE topped $ 48 per barrel. According to 21:00 GMT, the benchmark grade rose to 48,01 dollar. This is evidenced by the trading platform.

Brent crude rose by 1.9 percent compared to the end of the session on April 27. Auction Thursday, April 28, began with mark 47,10 USD per barrel.

Against the background of rising oil prices continues the strengthening of the ruble. According to the Moscow exchange, the dollar fell to 64,37 rubles, Euro — up to 73,05. Official rates of the Central Bank on April 29 — 65,11 of 73.92 and rubles respectively.

Earlier, the world Bank increased for 2016, its forecast for the oil price from 37 to 41 dollars per barrel. The forecast was raised on the back of improved market sentiment and a weaker dollar. The organization believes that the oversupply in markets is expected in the future will subside.

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