Prices for oil reference brands on Monday are decreasing on messages about removing the container carrier, which Last week blocked the Suez Canal.
The cost of May Futures on Brent oil on the London Stock Exchange Ice Futures by 9:00 on Monday is $ 63.5 per barrel, which is $ 1.07 (1.66%) below the price of closing the previous session. According to the results of trading on Friday, these contracts rose in price by $ 2.62 (4.2%) – up to $ 64.57 per barrel.
WTI oil futures price on May at the electronic bidding of the New York Commodity Exchange (NYMEX) by this time is $ 59.81 per barrel, which is $ 1,16 (1.9%) below the level of closing the previous session. On Friday, the cost of these contracts increased by $ 2.41 (4.1%) – up to $ 60.97 per barrel.
Following the last week, WTI oil demonstrated the third weekly decline in a row, dropping about 0.8%. Brent for a week has risening the price of $ 0.04 per barrel (less than 0.1%).
Rescue teams removed from Mels in the Suez Channel Container ship Ever Given, which almost a week blocked the movement along this important world transport artery, report media with reference to the representative of the INCHCAPE transport company. About 10% of world oil supplies passes through the channel, marketwatch notes.