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The world prices for oil continue to grow rapidly



The price of a barrel already exceeded $50 for the first time since November last year.



25.May.16 10:46 PM
By Abigail Richards
Photo Toinnov.com

   279

The world prices for oil continue to grow rapidly
The world prices for oil continue to grow rapidly. In particular, in recent days the price of a barrel of oil Brent has exceeded fifty dollars for the first time since November last year. The cost of WTI crude oil also rose to its highest level since November 2015 and reached a value of $49,88 per barrel. And this, according to experts, there is absolutely nothing good, the situation is worsening, analysts ' forecasts are not positive.

As of 04.27 Moscow time the cost of July futures for North sea petroleum mix of mark Brent has grown on 0,28% to 50.02 per barrel and the price of July futures for WTI crude oil increased by 0.56% to 49.84 per dollar for "barrel".

It is worth noting that many analysts argue that such a sharp increase in world oil prices could not happen just like that, most likely, prices began to rise because of the published data on may 25, a significant reduction in United States stocks of crude oil and derivative energy carriers.

In turn, many analysts say that it is a positive situation, it will allow the Russian currency to strengthen much, and now for "ruble" is visible positive dynamics.



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