The price of Brent crude oil rose above $ 70 a barrel for the first time since 12 November 2018, from the data of the auction. at position 20. 51 GMT, the price of the June futures for North sea petroleum mix of mark Brent has grown for 1, 02%, to 70, 02 per barrel, the may futures for oil of mark WTI at 0, 43% to 62, 73 dollars per barrel. for reviews of analysts quotes reflect investors ' expectations on the continued demand for petroleum products. "After the publication of strong data on PMI in China and the U.S., raised expectations of a much greater demand compared to previous forecasts. In addition, potential support to prices will put any trade agreement the United States and China ", - said the chief market strategist at CMC Markets, Michael McCarthy, whose words results Reuters. before it was announced that the purchasing managers ' index (PMI) in industry in China in March increased to 50 8 item 49, 9 points from February. Analysts expected an increase of 50, 1 point. And according to the us Institute for supply management's index of business activity in the U.S. industry in March rose to 55, 3% 54, 2% in February with expectations of an increase to only 54, 5%. Oil traders are watching for news on U.S.-China financial negotiations in the hope of a speedy conclusion of a trade agreement between Washington and Beijing. On Thursday, Vice-Premier of the state Council of the PRC Liu he came to the United States at the head of the Chinese delegation to allow the ninth round of Sino-us consultations with the financial representative of the USA Robert Leitheiser and Finance Minister of the country Stephen Mochina. <span style="color:darkgray