Oil becomes more expensive in expectation of a recovery in the world economy

As evidenced by the auction, on June 23 morning, Brent is trading at $of 43.14 per barrel, which is about 0.4% higher than the price at the close of trading yesterday.

August futures WTI fell by 0.07% to us $40,7 per barrel.

The Agency RBC notes that oil rises in price on expectations of further recovery in the world economy and increased demand for fuel, and in anticipation of further reduction of oil production in the world.

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