Oil

According to the head of the analytical department of AMarkets, Artyom Deyev, oil prices are supported by the statement of the US Federal Reserve System.

According to oil market analyst of Rystad Energy, Paola Rodriguez-Masiu, oil prices were under pressure due to concerns about the pace of recovery in demand.

Oil price is currently growing because of the news that on June 6 there will be ministerial meetings of OPEC countries.

According to the agency’s source, it may take place on June 6 or 7.

It occurred for the first time since March 6, when it became known about the collapse of the deal of OPEC+ limiting production.

As of 05:15 UTC, the cost of July futures for Brent crude oil on the Intercontinental Exchange in London was 36.01 US dollars per barrel.

It may be explained with the fact that China, which is one of the largest consumers of oil, will not set a target for growth of gross domestic product this year.