Brent crude topped $ 48 per barrel

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Нефть Brent превысила 48 долларов за баррель

In the course of trading on the London stock exchange ICE cost of Brent crude oil exceeded $ 48 per barrel. As of 14:55 GMT may 12, the reference grade is 48,09 dollar. This is evidenced by the trading platform.

WTI crude oil also rises in price. It will give you 46,78 dollar (plus 1.17 per cent compared to the closing of the trading session on 11 may).

Against this background, the continuing strengthening of the ruble. Dollar on the Moscow stock exchange is 64.79 EUR Euro — 73,79.

Brent and WTI are rising in price against the background of positive forecasts of the International energy Agency has predicted the fall of production in countries outside OPEC, by 800 thousand barrels per day to 56.8 million barrels in 2016) and the data of the US Department of energy (commercial stocks in the country decreased by 3.4 million barrels to 540 million).

Oil prices over the past two years has fallen almost three times. In early 2016, they reached historic lows, dropping to $ 25 per barrel, but in March began to gradually grow

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