Today, January 4, the oil advertise is gradually expanding in Asian offers after the sharp increment in citations on December 1, brought about by projections for lessening overproduction of hydrocarbons, just as the continuation of the emergency in Venezuela.
The cost of April contracts on Brent on the London Stock Exchange ICE Futures up to 9:26 in Kiev time expanded to 62.88 dollars per barrel.
The expense of the WTI prospects on March at the electronic exchanging of the New York Mercantile Exchange (NYMEX) has not changed until this time — $ 55.27 per barrel.
In the meantime, following the offers of last Friday, February 1, Brent turned out to be increasingly costly to 62.75 dollars per barrel, WTI — up to 55.26 dollars per barrel, the greatest since November 19. The Brent cost expanded by 1.8% throughout the week, WTI — by 2.9%. Because of the expansion as of late, WTI has just been half lower than the October pinnacle, and Brent has approached this specialized dimension.