Oil in half a year has risen in price by half

According to the results of trading on June 30, the cost of Brent crude oil amounted to $ 75.13 per barrel (+ 0.5%), WTI crude – $ 73.51 (+ 0.7%), follows from the data of the ICE exchange. Thus, in the first half of the year, Brent oil rose in price by 44%, WTI – by 51%.

Recall that Brent on the first trading day of 2021 exceeded the price of $ 53 per barrel, WTI rose to $ 49.56 for the same volume.

European Brent crude rose to current levels for the first time since October 2018. The bullish play is facilitated by the drop in US oil reserves, which is highly likely to lead to a shortage of raw materials in the summer.

On the situation on the oil market – in the material of “Kommersant” “Oil was in safety.”

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