Oil starts growing again after Independence Day

Oil prices have resumed their increase in the world markets after a sharp decline yesterday.

The prices of September futures for Brent oil have risen by 0.6% to $48.25 per dollar on the ICE Exchange in London, as of 10:30 (MSK), Interfax reports.

The August futures for WTI oil gained $0.7% and reached $46.92 per barrel at the New York Mercantile Exchange (NYMEX).

US inventories probably fell 2.5 million barrels last week, according to a Bloomberg.