The price of oil Brent for the first time since may 22, exceeded $80 per barrel

© AP Photo / Hasan JamaliНефтяной the machine-rocking. Archival photoThe price of oil Brent for the first time since may 22, exceeded $80 per barrel© AP Photo / Hasan Jamali

The price of Brent crude oil on Wednesday evening exceeded $ 80 per barrel for the first time since may 22, had a positive impact on auction data from the US Department of energy a significant reduction of reserves of «black gold» in the country over the past week compared to the forecast, according to the auction.

As at 18.05 GMT the price of November futures for North sea petroleum mix of mark Brent have grown on 1,01%, to 79.86 per barrel earlier in the course of the auction rate rose to 80,11 dollars per barrel. The price of October futures for oil of mark WTI have grown on 2,3%, to 70,84 dollars per barrel.

As reported earlier Wednesday, the US Department of energy for the week to 7 September, commercial oil stocks in the country fell by 5.3 million barrels, or 1.3%, to 396,2 million barrels. The expected reduction of only 1.3 million barrels, or 0.3%, to 400,2 million barrels.

Oil production in the U.S. last week, according to the Ministry, also decreased by 100 thousand barrels of oil is less compared to the previous week, to 10.9 million barrels per day.

The oil reserves in the country’s largest terminal Cushing (Cushing) fell 1.2 million barrels to 23.6 million.

The price of Brent rose above $ 80 per barrel, only 17 and then on may 22, 2018. Prior to this, oil traded at this level in November 2014.