Brent barrel cost exceeded $ 44

June futures for Brent oil oils in the second half of the trading on April 19 exceeded $ 44 per barrel. By 17:15 Moscow time, they went up by 2.9% to $ 44.16 per barrel.

The last time the quotes of North Sea oil rose above $ 44 per barrel before the meeting of oil producers in Doha, which took place on April 17. After the negotiation participants could not coordinate the freezing of production at the level of January, the cost of Brent on April 18 collapsed by almost 5% to $ 40.9 per barrel.

As Reuters indicates, the price of oil workers in Kuwait provides for the prices of raw materials, the lasting third day - the industry workers protest against the reform of remuneration in the civilian. According to market participants, due to the protest of oil production in Kuwait, the volume of oil production decreased to 1.5 million barrels per day. For comparison, in March, the average daily production in the country was about 2.8 million barrels.

The quotes of the North American WTI variety are also growing: in the second half of the trading on April 19, the cost of a barrel rose by more than 3% to $ 42.5 per barrel. On the morning of April 18, the price of WTI fell by 5.1% to $ 39.5 per barrel.

On April 19, Deputy Minister of Energy of the Russian Federation, Alexei Texler, said that the Ministry of Energy retains the forecast for oil price in 2016, Interfax reports. According to him, in the second half of the year, the cost of a barrel will be $ 45, in 2017 it can rise to $ 50, and by 2018 it will recover to $ 65.