Oil Price Grows

Oil prices rose Friday, with crude Brent approaching $60 per barrel, amid tight market expectations, prompted by comments by the prince of Saudi Arabia, who decided to support expansion of OPEC-led production.

International forecasts for raw Brent increased by 10 cents, or 0.17 percent, to $59.40 per barrel at 2:10 GMT.

Brent is now one-third above the June 2017 low.

The raw revenues Brant remained the same after they reached a high level of more than 27 months, which occurred because the market focused on Saudi Arabia's comments on the completion of a global supply weakness, clearing a sudden rise of US raw inventory and high-growth US exports.

Brent LCOc1 changed very little, to $559.37 per barrel, from the previous level of $59.55 to American dollars.