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    BRENT: oil price grows due to weakening in the USD on 24.04.2015

    The price of crude oil Brent has been growing since the last week and by the end of this week the price rose to 64 USD per barrel. First of all, the rise was associated by the weakening in the USD, which, in its turn was triggered by negative macro-economic data on the U.S. key indices, including construction sector. At the beginning of this week the price corrected downwards to the level of 61.35 and on Wednesday the rise has resumed. On Thursday afternoon, following the release of poor data on the US labor market, oil tested the recent local highs and today this level was exceeded. Now Brent is traded slightly above the key resistance level of 65.00.


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