Price of oil took off

June Brent Oil Futures went up above 66 dollars per barrel during trading in the London Ice Stock Exchange, follows from these platform.

This happened for the first time since March 18, the growth was more than four percent. By 18:12 Moscow time, the cost of Brent took up to 66.3 dollars per barrel.

The cost of raw materials is growing against the background of the report of the International Energy Agency (MEA). The organization improved the forecast for oil demand this year. It is now expected that it will be 96.7 million barrels per day – this is 230 thousand barrels per day more than the previous forecast.

Earlier it was reported that in Russia they prepared to the inevitable decrease in oil revenues. The main forecast for oil production in the country in the period up to 2035 is its inevitable decline, stated in the Ministry of Energy.

/Media reports.