Oil prices fall on Monday and traded at two-month lows due to concerns about surplus stocks in the market and low demand for raw materials from oil refineries.
The number of working oil rigs rose in the US the previous week on 14 to 371, and the growth continued for the fourth consecutive week, according to Friday data from Baker Hughes Inc..
On this background quotations of September futures on the mark Brent on London ICE Futures exchange to 8:00 IGO Moscow time has decreased on 0,3% – to $of 45.57 per barrel.
The contract for mark WTI in September in electronic trading on the new York Mercantile exchange (NYMEX) by this time has fallen in price on 0,3% – to $44,06 per barrel.
The dollar and the Euro are rising again. Monday, July 25, at the opening of trading the dollar for the first time since the end of June exceeded 65 rubles. The Euro rose to almost 71 of the ruble.
