Brent crude rises 22% in April

  30 April 2016    Read: 786
Brent crude rises 22% in April
The US NYMEX crude price rose $0.40 to $46.43 a barrel.
Brent crude went up $0.05 to close at $48.19 a barrel.

The oil price rose due to reduction of output in the US. According to the US Energy Ministry, oil output dropped from 15 mln barrels to 8.94 mln barrels a day. This index has been reducing for seven weeks.

By the way, the Brent crude has gone up 22%, WTI crude 21% since early April.

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