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Oil prices finished week with maximum growth since July 2017

18.04.2018 08:14:18

Prices of Brent crude oil since the beginning of last week rose by 7%, WTI - by 8%. This is the maximum growth rate since July last year. On Friday, the rise in prices was due to concerns about the escalation of the conflict in Syria. By 18:06 Moscow time, June futures for Brent crude oil rose 50 cents to 72 dollars 82 cents per barrel. The price of the May futures for WTI oil rose 29 cents to 67 dollars 36 cents per barrel. According to the forecasts of the International Energy Agency, OPEC is close to the goal of reducing the surplus supply of oil in the world market. The agency said that there was a shortage of petroleum products, and by May, oil reserves in OECD countries might drop to an average of 5-year level.

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