Oil prices continue to increase

Oil prices continue to increase against the background of positive reports from the International Energy Agency (IEA) on the reduction of the excess supply in the market.

According to today's information, as at 21.12 (MSK) the cost of July futures for the Brent  North Sea petroleum mix rose to $47.98 per barrel (0.80%), RIA Novosti reports.

June futures for the WTI crude oil rose in price to $46.64 per barrel (0.89%).