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The price of Brent crude oil rose to the accounting period by 43.46 per barrel

World oil prices on Friday morning are rising due to cheaper dollar, which supports demand for commodities, according to the auction.

As at 8.05 GMT, the September futures price for North sea petroleum mix of mark Brent has grown on 0,35% - to the accounting period by 43.46 per barrel, the September futures for WTI rose in price on 0,15% - to 41,13 per barrel.

Russian Urals crude in July, has lost almost the entire price premium to Brent

Russian Urals crude oil are still traded in Northwest Europe at a premium to North sea Brent, however, it dropped to 0.3 per barrel on July 15-16 from the record level of the end of June 2.45 dollar. This was announced by the international price Agency Argus.

Urals crude oil, in contrast to the North sea, is considered heavy oil, which yields less light petroleum products such as gasoline. Light oil products are usually more expensive, however, relative prices may change. The spring of Russian oil has risen and is trading at a premium.

The Euro rose to 82 percent for may

Ruble strengthens decline against the background of negative dynamics of the oil market, the Euro is trading less than 82 rubles, according to data from the Moscow exchange.

The dollar calculations "tomorrow" at 12: 00 MSK increased by 34 kopecks to 71,87 of the ruble, the Euro rate – 56 cents, to 82,05 of the ruble, which is the highest since may 4.

The price of Brent crude declined to 43.23 per barrel

World oil prices on Friday morning are down, traders are concerned about the prospects for demand for raw materials on the background of the situation with COVID-19, according to the auction.

As at 7.54 GMT, the September futures price for North sea petroleum mix of mark Brent has fallen on 0,32% - to 43.23 per barrel. August futures for WTI crude oil became cheaper on 0,22% - to 40.66 per barrel.

The price of Brent crude oil fell to 43.52 per barrel

World oil prices are down Thursday morning, as traders assess the prospects for the transaction of OPEC after the meeting of the Alliance this week, expecting to increase production, according to the auction.

As at 8.05 GMT, the September futures price for North sea petroleum mix of mark Brent fell by 0.62% to 43.52 USD per barrel. August futures for WTI crude oil became cheaper by 0.8% to 40.87 USD per barrel.

The price of Brent crude rose to 43.31 USD per barrel

Oil prices Thursday morning showed multidirectional dynamics on the background of signs of recovery in U.S. demand, while being under the pressure of fears of the resumption of quarantine measures, according to the auction.

As at 7.43 MSK price of the September futures for North sea petroleum mix of mark Brent have grown on 0,05% - to 43.31 USD per barrel. August futures for WTI crude oil became cheaper by 0.1% to 40.86 USD per barrel.

The price of Brent crude dropped to 42.92 USD per barrel

Oil prices on Tuesday morning correctional decline after rising during trading on Monday, according to the auction.

As at 7.42 GMT, the September futures price for North sea petroleum mix of mark Brent fell by 0.42% to 42.92 USD per barrel. August futures for WTI crude oil dropped by 0.37% to 40,48 USD per barrel.

The ruble has updated the lows since spring

The ruble has significantly reduced the dollar and Euro amid falling oil prices.

American currency calculations "tomorrow" on 21:04 GMT rising 94 cents, to 71.5 ruble, the Euro by 1.04 ruble to 80,37 of the ruble, follows from the data of the Moscow exchange.

The price of Brent crude oil fell to 40.18 per barrel

Oil prices on Monday morning, significantly reduced the concerns about the coronavirus and its impact on demand for raw materials, according to the auction.

As at 7.48 GMT, the September futures price for North sea petroleum mix of mark Brent fell by 1.88 percent to 40.18 percent. August futures for WTI crude oil depreciated by 2.21% to 37.64 per dollar per barrel.

Oil prices rise on optimism around a recovery in demand

Oil prices on Friday morning significantly increase in optimism around the prospects of a recovery in demand for raw materials, according to the auction.

As at 7.54 GMT the price of August futures for North sea petroleum mix of mark Brent has grown on 1,39% - to 41.62 USD per barrel. August futures on WTI rose in price on 1,29% - to 39.22 per barrel.

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