OREANDA-NEWSAt the opening of trading on Monday, January 6, the ruble is reduced against the dollar and the euro, this is evidenced by the Moscow Exchange. The dollar against the ruble rose compared with the closing level of previous trading by 17 kopecks. - to 62.27 rubles, but later fell to 62.20 rubles. The euro rose by 6.25 kopecks. and reached 69.37 rubles at the start of trading, and then continued to grow to 69.44 rubles.

Dual currency basket value increased by 8.6 kopecks. and amounted to 65.43 rubles. The cost of Brent crude on the London ICE grew by 2.3% and amounted to $ 70.18 per barrel. The price of WTI oil on the New York Mercantile Exchange (NYMEX) increased by 2%, to $ 64.29 per barrel. According to experts at the Interfax Center for Economic Analysis, the ruble depreciated amid falling global capital markets, which reacted negatively to the escalation of tension in the Middle East after the death of Iranian general Kassem Suleimani as a result of a US air strike.

Due to the conflict between Tehran and Washington, in turn, according to analysts at Oxford Economics (OE), oil is getting more expensive. Aggravation of disagreement between the countries and “sustainable growth of geopolitical and economic risks in the Middle East” also jeopardized the OE forecast of an average price of $ 64.60 per barrel of Brent crude oil in 2020.