Oil is more expensive: Brent – above $ 65

Oil prices rise on Friday, but complete a week with a decline against the background of ambiguous signals in relation to the nearest prospects for demand.

Data from the USA and the UK indicate the growing demand, while in a number of Asian countries, including India and Japan, it is not necessary to wait for the recovery of consumption in the near future, since the incidence of COVID-19 remains high and restrictive measures are acting, Bloomberg writes .

Cost of June Brent Oil Futures on the London Stock Exchange Ice Futures is currently $ 65.82 per barrel, which is $ 0.42 (0.64%) above the price of closing the previous session. According to the results of trading on Thursday, these contracts went up by $ 0.08 (0.1%) – up to $ 65.4 per barrel.

WTI oil futures price for June in electronic trading in the New York Commodity Exchange (NYMEX) by this time is $ 61.92 per barrel, which is $ 0.49 (0.8%) above the level of closing the previous session. On Thursday, the cost of these contracts increased by $ 0.08 (0.1%) – to $ 61.43 per barrel.