Brent Brent has risen in price to $ 75 for the first time in six months

Brent oil quotes on the ICE London Exchange have exceeded $ 75 per barrel for the first time since October 31, 2018. By 11.10 Moscow time, North Sea oil cost $ 75.2 per barrel, June futures on WTI traded $ 66. Despite this, the ruble continued to weaken.

The main factors in the course of oil quotations were:

• The US decision to cancel all exceptions for some countries to buy oil in Iran. This solution can create a deficiency of 1.7 million barrels of oil per day in the global market.
• Stop export of Russian oil to Europe for the Druzhba oil pipeline due to its pollution .
• The data of the US Treasury on Inventories of Oil in the Country: Last week, they increased by 5.48 million barrels, experts expected less growth.

The ruble continued yesterday's weakening to the dollar , falling another 50 kopecks, to the level of 64.8 rubles./$. The reason is the strengthening of the dollar in most currencies on interest in protective assets and, possibly, the actions of foreign speculators who decided that the ruble had emitted the strengthening potential.