Brent rises above $51

According to the information of the today's trading, the prices for August futures of Brent crude oil broke the threshold of $51 per barrel and reached $ 51.07 on the ICE Exchange in London. 

The head of Russia's top oil producer Rosneft, Igor Sechin, said yesterday that the oil price to be $50-$55 per barrel by the year end, rising further to $65 by the end of 2017.