The value of Brent oil, for the first time in two years, took off higher 75 dollars per barrel. As of 8:40 Moscow time, it amounted to $ 75.08, at a maximum price reached $ 75.22, the data of the London Exchange ICE.
The WTI variety quotes also rose to 73.31 dollars per barrel, after which they adjusted to 73.15 dollars.
Against this background, the ruble rate moved to weak growth. From the beginning of bidding, the dollar dropped to 73.09 rubles. The main Russian stock indexes behave in multidirectional. Mosbier index grows by 0.28 percent, and RTS falls by 0.26 percent.
The last time above 75 dollars Brent grade rose April 25, 2019. Since the beginning of the year, oil quotes rose by 40 percent. On the eve of the Oil Market Report, Bank of America called six reasons why during the year the cost of oil can exceed 100 dollars per barrel. The movement in this direction is seriously considering the largest traders.
In turn, the Minister of Energy of Russia Nikolai Schulginov noted that it does not imagine $ 100 in the next three years.