Oil prices accelerated higher after the rate hike, the fed

© AFP 2018 / Juan MabromataБуровые installation on shale oil. Archival photoOil prices accelerated higher after the rate hike, the fed© 2018 AFP / Juan Mabromata

World oil prices on Wednesday evening, accelerated the pace of growth after the publication of the decision of the Federal reserve system (FRS) the USA about raising the base rate to 1.75-2% per annum, according to the auction.

As at 22.08 GMT the cost of the August futures for North sea petroleum mix of mark Brent have grown on 1,2% — to 76,78 dollars per barrel. July futures on WTI rose in price on 0,63% — to 66,78 USD per barrel.

Before the decision of the American regulator, the price of oil grew less active: Brent — on 0,72%, WTI — on 0,33%.

According to the results of the June meeting the fed raised the benchmark interest rate to 1.75-2% per annum as expected by most analysts.