The price of Brent crude oil exceeded $ 28 per barrel
International prices of petroleum products are steadily growing for the second consecutive day, korrektiruete after another collapse at the end of last week, informing the auction.
International prices of petroleum products are steadily growing for the second consecutive day, korrektiruete after another collapse at the end of last week, informing the auction.
as of 8: 20 GMT the cost of may futures for North sea Brent grew by 3 74% - to 28, 04 per barrel, WTI - 4, 7% to 24, 46 dollars per barrel.
The market corrected Friday after falling 11%. While analysts remain concerns over demand for raw materials due to the coronavirus.
for example, media reports about declining interest in gasoline in the United States. As stressed by Reuters, is often the volume of consumption in this country exceed nine million barrels per day, which is almost half of daily oil consumption. In conditions when, due to quarantine the movement of people is limited, and businesses are closed, the demand drops very quickly.
"No one moves, no business, nobody needs petrol, and the situation could become much worse," - said the Agency's Director of futures at Mizuho Securities Bob Auger (Bob Yawger).
The world health organization eleven Mar announced the outbreak of a new infection that causes the disease COVID-19 and spread from China, a pandemic. According to the who, just sick about 330 thousand people, 14, 5 thousand died.
The latest information on the situation of COVID-19 in Russia and the world presented on the portal stopmanager. Of the Russian Federation.
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