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The price of Brent oil rose above $97 per barrel on Friday. This value was the highest since September 2014.
The record rise in the price of European grades of oil is associated with a shortage of raw materials and a slow recovery in production in OPEC+ countries, Kommersant writes.
According to analysts, given such oil prices and the absence of escalation in relations between the Russian Federation and the West, the dollar exchange rate may drop to 73-74 rubles.
At the auction on February 4, the dollar exchange rate on the Moscow Exchange has already dropped to 76.15 rubles. – by 1.65 rubles. lower than a week ago.
Oil prices are also supported by a winter storm in the US state of Texas, where almost 5 million barrels per day are produced.
Earlier, the Russians were told when the dollar will cost 90 rubles. According to the expert, the exchange rate of the Russian national currency is now affected by only two factors – geopolitics and energy prices, which can both significantly shake and strengthen the position of the ruble.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
