Brent rises above $40

Oil prices have continued to rise on world markets.

As of 08:12 a barrel of the Brent blend oil increased in price by 0.9% to $40.2. At the same time, futures for WTI rose 1.19% to $38.2 per barrel.

The rise in prices is associated with the publication of the US's new statistics on the country's oil reserves, according to which they declined by 4.9 million barrels (0.9%) from the previous week, while experts had expected growth of this indicator by 4.9 million barrels. At the same time, US crude production dropped by 14,000 barrels per day (0.15%), RIA Novosti reports.