The price of oil holds above $ 48

Цены на нефть держатся выше 48 долларов

By the end of April the rise in oil prices can be 20%

The market is waiting for data on the number of drilling rigs in the United States.

World oil prices on Friday, April 29, show a drop in ahead of the data, the oilfield services company Baker Hughes the number of rigs in the United States.

So, futures price for Brent oil for June on the London ICE Futures exchange to 8: 00 in Kiev has decreased on 5 cents to 48.09 per barrel. The cost of the June futures contract for WTI crude oil during trading on the new York Mercantile exchange (NYMEX) decreased by this time by 3 cents, to $ 46 per barrel.

By the end of April the rise in oil prices can be 20%.

Support for oil prices on Friday continues to have a significantly depreciating against the major world currencies, the dollar against the decision of the U.S. Federal reserve’s monetary policy.

Yesterday oil rose in price amid falling production in the United States by 0.2 percent to 3,938 million barrels per day. This figure is the lowest since October 2014.

As reported the Correspondent.net, April 21, oil has risen to maximum from the beginning of 2016.

According to the materials:

Interfax,
RIA Novosti
Source