LONDON, October 14. /TASS/. Price of Brent crude oil futures contract for December delivery in the course of a trading session on London’s ICE rose by 0.27% to $52.14 per barrel.
Oil prices resumed growth after a decline on Thursday after the news about growth of commercial oil stocks in the United States.
The stocks, according to the US Department of Energy, rose for the week from September 30 to October 7 - by 4.9 mln barrels to 474 mln barrels.
Read also
- Putin does not see any problems with final agreement on freezing oil production
- OPEC raises Russia’s oil production outlook by 50,000 barrels daily in 2016
- Energy Ministers of Russia, Saudi Arabia discuss plan to optimize oil production
- OPEC decision on crude production cap will foster market rebalancing — IEA report