Brent oil oil is traded on international exchanges on Tuesday at a price of $ 78.58 per barrel.
At the last auction on Monday, the cost of a barrel of oil of this reference brand completed the day at the mark of $ 78.50.
as of 09:50, July 18, the price of the reference brand of oil increased by 0.10 percent – to $ 78.58 per barrel.
The cost of oil futures WTI amounted to $ 74.23 per barrel.
Oil quotes began to demonstrate growth on the eve of the release of data on raw oil in the United States, the world’s largest oil consumer. Expectations associated with an increase in oil demand in the United States and a reduction in its stocks maintain growth trend. In addition, partial increase in oil prices is associated with economic growth in China, which turned out to be higher than the previously predicted level.