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Price for Brent crude up to $30 per barrel, euro down to 85 rubles

January 19, 16:42 UTC+3 MOSCOW
The cost of the futures contracts of Brent crude oil for March delivery on London's ICE trading went up by 5.5% to $30.12 per barrel on Tuesday
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© EPA/PAUL BUCK

MOSCOW, January 19. /TASS/. The price for Brent crude oil exceeded the $30 per barrel mark on Tuesday. The cost of the futures contracts of Brent crude oil for March delivery on London's ICE trading went up by 5.5% to $30.12 per barrel on Tuesday.

Rising oil has been pushing Russia’s national currency up thus, the dollar exchange rate versus the ruble slipped by 8 kopecks on the Moscow Exchange to 78.49 rubles as of 3:45 pm Moscow time while the euro exchange rate went down by 1 ruble to 85.40 rubles.

The sharp rise of the ruble triggered growth of the Russian stocks as the dollar-denominated RTS surged by 3.15% to 667.27 points while the ruble-denominated MICEX rose by 2.48% to 1662.62 points.

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