30.04.2020, 08:01
Brent Oil Prices Up 10% to Exceed $ 26 per Barrel
Source: OREANDA-NEWS
OREANDA-NEWS. At the auction on the morning of April 30, oil quotes went up. July Brent futures on the London Stock Exchange add more than 10% and go up to $ 26.6 per barrel. The American WTI at the auction in New York in positive territory at 15.21% - $ 17.35 per barrel with delivery in June, according to the auction.
On the eve of the US stock market began to grow amid reports that the US-developed drug remdesivir showed positive results during the treatment of COVID-19. As of 22:30 Moscow time, the S&P 500 index grew by 3.15% to 2953.63 points, the Dow Jones industrial index - 2.61% to 24,729.79 points, Nasdaq - by 3.96% to 8948.45 item. The shares of the American biopharmaceutical company Gilead Sciences, which was involved in the development of the drug, rose 8.28% by the close of trading, to $ 84.88 per share.
After a sharp drop in oil prices in early March, April 12, OPEC+ countries managed to agree on a new reduction in oil production, but oil prices could not stabilize at a higher level.
On the eve of the US stock market began to grow amid reports that the US-developed drug remdesivir showed positive results during the treatment of COVID-19. As of 22:30 Moscow time, the S&P 500 index grew by 3.15% to 2953.63 points, the Dow Jones industrial index - 2.61% to 24,729.79 points, Nasdaq - by 3.96% to 8948.45 item. The shares of the American biopharmaceutical company Gilead Sciences, which was involved in the development of the drug, rose 8.28% by the close of trading, to $ 84.88 per share.
After a sharp drop in oil prices in early March, April 12, OPEC+ countries managed to agree on a new reduction in oil production, but oil prices could not stabilize at a higher level.
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