On Monday, world oil prices continue to rise, leveling the decline of last week. The current Brent quote is $84.30 per barrel. Last week's minimum was marked at $82.15 per barrel. North American WTI oil shows similar dynamics: growth today to $77.70 after falling to $75.40 last week. In general, both benchmarks have fallen in price by more than 4%, and it is logical that on Monday we are seeing corrective dynamics. One of the drivers of the fall last week was fears of tightening the monetary policy of the US Federal Reserve System, as inflation in the country is slowing down more slowly than expected. In particular, by the end of January, consumer prices in the United States increased by 6.4% year-on-year after an increase of 6.5% a month earlier. Analysts had expected an indicator of 6.2%. At the same time, the growth in demand in China provides some support to oil prices and offsets expectations of the «hawkish» actions of the Fed.
PAUTAN SEGERA
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