Today at trading on the Moscow Exchange prices for November futures of Brent Crude Oil have risen by 1.02% to $53.59 per barrel, WTI increased by 1.95% to $ 50.4 per barrel.
"The Fed minutes and the PIRA price forecast are driving oil prices today. The rally may sustain for the short term but it should run out of steam some time next week because we are in a generally oversupplied market," PIRA Energy Group experts believe.
