It ended the best week for oil over the last 6 years

Last week of August
It was the best for the oil rally
- futures for Brent and WTI brands for
the last days of the month shown
maximum weekly gain since 2009.
As a result, August ends on a very
positive note. On Friday, August 27,
oil quotes returned to the rapid
growth.

For example, crude oil futures
Brent crude for October delivery rose
during trading on 5,3%, breaking the mark
$ 50 per barrel. By the end of the session they
We stopped at $ 49.91
a barrel (+ 4.93%). At the same time contracts
for WTI crude oil for delivery in October
jumped in price by 6.6%, breaking
the level of $ 45 per barrel and closed at
at $ 45.25
(+ 6.31%).

On thus
the commodities market, the second consecutive day, has been a sharp increase in prices, before that
Thursday the price of "black gold" shot up
by 10% when held rumors that
Venezuela asks OPEC to convene an emergency
meeting to take measures to
Stabilization quotations.

For the week oil
Brent has risen by about 10,2%, WTI - at
11.8%. According to estimates of financial and analytical
Company FactSet, it was the highest
weekly growth of quotations from March 2009
of the year.