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BRENT: the price are declining on 03.06.2015

Despite significant rise in price of crude oil Brent, which had reached almost $66.00 per barrel on Tuesday; on Wednesday the price started to decline again. During the European session July futures of crude oil Brent fell below $64.00 per barrel. Today, the data on the US oil and oil product inventories will become known, which can affect oil prices. On Friday, investors are waiting for the American labor market statistics. In case of the positive data, the USD will rise, while oil prices will drop. Additional factor, which can cause the decline in oil prices, is the OPEC meeting at the end of this week, as there are no plans to reduce quotes for oil production.  

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