The ruble is strengthened against the dollar and the euro thanks to a corrective rise in oil prices

The first transactions in the US dollar were in the range of 62.19-62.28 rubles. / $ 1, according to the results of the first minute of trading, the rate was 62.26 rubles. -9.75 kopecks at the previous closure). The euro fell to 72.72 rubles / EUR1 (-11.5 kopeks). The value of the bi-currencies basket (0.55 and 0.45 euro) fell from 10.54 kopecks to the closing level of the support, to 66.96 rubles.

The dollar was 16.2 kopecks above the current official rate, As noted by Interfax-CEA experts, the ruble is strengthening against the dollar and the euro at the beginning of the Energy market turnaround after a record drop caused by the escalation of the conflict between the United States and China in the commercial sphere.

Ka US President Donald Trump allegedly initiated the procedure to introduce an additional 10% duty on goods from the PRC for a total cost of $ 200 billion, while Beijing reacted to the introduction of rights in a similar way. But as the volume of US goods shipments to the PRC is less than $ 200 billion, this time the same thing will not work.

In addition, as the US President has stated previously, he is ready to introduce additional tariffs. now about 500 billion dollars a year if Beijing responds to new functions with retaliatory measures and will not make concessions.

The price of September futures for Brent on the London Stock Exchange ICE Futures by 10:01 in Moscow rose 1.44% – at $ 74 46 per barrel Wednesday, contracts dropped by 5.46 $ (6.92%) to $ 73.40 a barrel. The cost of the WTI futures contract for August in e-commerce of the New York Stock Exchange (NYMEX) rose by 0.33% to $ 70.61 per barrel at that time. On Wednesday, WTI dropped $ 3.73 (5.03%) to $ 70.38 a barrel

The WTI price cut on Wednesday was a record year, Brent almost two.

The day before, the US Department of Energy reported that US oil inventories fell to 12.63 million barrels last week. The drop in inventories has been record since 2016.

Cushing Terminal's oil reserves, where physical volumes traded on the NYMEX are stored, decreased by 2.06 million barrels.

Production in the United States has not changed and remains at a record 10, 9 million barrels per day, while oil imports have decreased by 1.62 million barrels per day, at 7.43 million barrels.