On Tuesday, the price of North Sea Brent crude oil for the first time since December, has risen above $ 66 per barrel. Contributed to the growth of quotations reported closed ports in Libya and the fall in production in the country is lower than 500 th. Barrels per day. The winner turned out to ruble assets: the RTS index has updated a maximum of six months, and the ruble significantly strengthened against the dollar and the euro.
Today the cost of North Sea Brent crude oil for the first time since the beginning December last year rose above $ 66.15 a barrel, and the Russian Urals – more than $ 65.50. This maximum value from December 9, 2014.
Another round of increase of oil prices sparked reports of protests in the port Zueytin, one of the few Libyan ports continue to handle crude oil. “The protesters blocked the pipeline running to the port” – results Reuters words of the representative of the state oil company NOC. As a result, the company was forced to halt production at several fields in the east of the country. As a result, the volume of oil production in Libya has dropped below 500 thousand. Barrels per day, ie one third of the production of the state until 2010.
Higher oil prices impact on the Russian currency market. At the beginning of the trading session, the dollar on the Moscow stock exchange trading rose to the level of 52.35 rubles ./$ . However, by 16:50 the rate reached 50.45 rubles ./$ that at 1.25 rubles. lower than the closing of the trading session on Thursday. The euro fell to 1.48 rubles., To the level of 56.24 rubles. / €. Rising oil prices have a positive impact on the Russian stock market. By 16:50, the RTS index rose by 4% in 1071 to mark the item – the maximum in the last six months. Due to the weakening of the dollar, the MICEX index rose 2.2%, to the level of 1725.8 points.
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