Brent crude price rises above $ 46

Oil prices have continued to rise on world markets after the American Petroleum Institute reported that US inventories dropped by 1.07 million barrels last week.

As of 8:00, a barrel of Brent oil rose in price by 1.3% to $ 46.32 on the ICE Exchange in London. At the same time futures for WTI rose 1.2% to $ 44.58 per barrel at the New York Mercantile Exchange (NYMEX).

Market participants see signs of improvement of the supply and demand situation on the currency market and waiting for new evidence of this trend. Today the US Department of Energy's new statistics will be published.