Oil is more expensive again 7 May

Prices for oil reference stamps are moderately rising on Friday and can demonstrate growth in the second week in a row.

Cost of July Brent Oil Futures on the London Ice Futures Stock Exchange is $ 68.16 per barrel, which is $ 0.07 (0.1%) above the price of closing the previous session.

The price of WTI oil futures for June at the electronic bidding of the New York Commodity Exchange (NYMEX) by this time is $ 64.76 per barrel, which is $ 0.05 (0.08%) above the level of closing the previous session.

Growth According to the results of two weeks in a row, it may be the first for oil prices since the beginning of March, Bloomberg notes. The market support has an extension of economic activity in the United States, Europe and China due to vaccination from coronavirus. Strong foreign trade in PRC also indicate a favorable situation in the global economy.