Brent exceeds $33 per barrel

Oil prices continue to grow this morning. As of 07:49, futures price for Brent crude oil rose 1.08% to $33.32 per barrel. At the same time, futures for WTI rose 0.71% to $32.42 per barrel.

It is due to expectations of changes in the monetary policy of the European Central Bank and the Bank of Japan and adoption of additional measures to support the economy, which could lead to an increase in demand for raw materials.

However, analysts don't rule out a further decrease in prices due to the return of Iran to the oil markets, RIA Novosti reports.