The price of oil exceeded $ 57

Цена нефти превысила 57 долларов

Brent in 2016 rose by almost 53%.

Oil rises in price on Friday, December 30, on the data about increase in stocks in the United States. The cost of the March futures for Brent crude on the London ICE Futures exchange to 8.38 in Kiev rose by 0.49% to 57,13 dollars per barrel.

Futures price for WTI crude oil for February in electronic trading on the new York Mercantile exchange (NYMEX) has increased by this time on 0,37% – to 53.99 dollars per barrel.

Oil prices are rising, reflecting the data about reduction of stocks of oil products in the USA from the Ministry of energy of the country. So, the oil reserves in the country last week increased by 614 thousand barrels, which was a surprise for the market. Experts predicted the reduction of inventories by 1.4 million barrels.

The market’s attention in the coming year will be focused on signals about how clearly the oil-producing States implement previously reached agreements on production cuts, the analyst said, U.S. Bank mark Watkins. The expert believes it is more likely to rise in oil prices than reduce them in the near future.

Note, the price of oil finish the year rise for the first time in three years: Brent in 2016 rose by almost 53%, WTI – by 46%.

Fluctuations in oil prices

The Saudis have placed the bonds by a record $17.5 billion

Russia will keep inflation due to the loss of the middle class – Bloomberg

The oil grows on Putin’s words about the freezing of production

Russia has budgeted a weak ruble and low oil prices

Oil and gas in Russia will end in 2030 – Gref

According to the materials: