• Oil prices rose to the highest since late April

  • World oil prices jumped to the highest level since the end of April after the publication of the data about fuel stocks in the United States. On Wednesday 17 may, according to the auction on the London stock exchange ICE.

    18:10 MSK, the price of July futures on Brent crude materials rose by 1.47 percent compared to the previous close — up 52,42 USD per barrel. The price of a barrel of WTI crude oil rose 1.23 percent to 49.29 dollars.

    data The us energy information administration US (EIA), oil stocks declined for the week ended may 12, down 1.8 million barrels to 520,8 million barrels.

    Oil imports in the U.S. last week rose by 970 thousand barrels per day compared to the previous week to 8.6 million barrels.

    2 may the head of Ministry of Russia Sergey Donskoy said, the decree of the President of the United States Donald trump on the expansion of fishing, oil and gas offshore the US means the end of an era of shale oil.

    President trump on April 28 reversed the decree of his predecessor Barack Obama to limit production of minerals on the continental shelf, expanding the production of oil and gas in areas of the Atlantic, Pacific and Arctic oceans and the Gulf of Mexico.


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