OREANDA-NEWSThe price of Brent crude oil added 5.1% and rose to $ 28.48 per barrel, according to trading data on the London ICE at 12:31 Moscow time. The price of WTI oil is growing at 6%, to 24.86 per barrel.

Oil quotes are growing along with other highly profitable assets amid new measures to support the economy, said Andrei Kadulin, head of the analytical department at Bank Saint Petersburg. Yesterday, the Fed, which acts as the central bank of the United States, announced unprecedented measures to support the country's financial system.

Demand for raw materials has been declining since the beginning of the year amid the coronavirus pandemic. Last week, the price of Brent oil fell to $ 24.72 per barrel. Since the beginning of the year, the price of Brent oil futures has already declined by more than 60%.