the Rapid growth of oil prices observed in the morning on Thursday in early trading session on the world market of goods.
Investors reacted positively to the data of Ministry of energy of the USA about growth of stocks of raw materials. According to the Ministry’s estimates, the reserves increased by 9 million barrels, or 1.7%. Polled by Reuters experts predicted growth of stocks of 10.6 million barrels.
Oil production in the country during the specified period was reduced to one hundred thousand barrels, to 12.1 million barrels a day.
Stocks of raw materials in the country’s largest terminal in Cushing rose by 3.7 million barrels, to 63.4 million.
According to the auction, to 6.50 Moscow time, the Brent oil price rose by 9.1 per cent to 26.44 per barrel. The price of West Texas crude oil jumped to this time of 15.4% 17.4 dollars per barrel.
As stated by the Secretary of the Treasury Steven Mnuchin, American authorities are looking for the opportunity to be placed in storage has hundreds of millions of barrels of oil.
“As I said earlier, it will not be the salvation of the shareholders. But it will be in support of national security,” – said the Minister.
Authorities are trying not to overlook to fill the strategic reserve depreciating oil prices, the Minister said. Well as private companies pay US Department of energy for storing oil in the strategic reserve.
