The price of “black gold” came to a rise during trading on Tuesday after the decline due to fears about the return of restrictive measures in a number of countries due to renewed rise in the incidence of COVID-19. So, for 17:34 GMT the cost of the September futures for Brent on London’s ICE Futures exchange was $43,24 per barrel. This is $0.14 (0.32 percent) above the price of closing of previous session. Futures for WTI for August for trading on the new York Mercantile exchange (NYMEX) rose by $0,07 (0,17%) — to $40.70 per barrel. According to experts Spartan Capital Peter Cardillo, it is only “a matter of time when a new wave of concerns about the coronavirus” will begin to influence the market.
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