– Oil prices reference marks rise in Asian trade Friday on expectations that OPEC and its allies, including Russia, will extend an agreement to limit oil production before the end of 2018.
The price of December futures for Brent crude on the London ICE Futures exchange to 8:07 Moscow time increased by 27 cents (0,45%) to $60,89 per barrel.
The December contract for WTI crude oil in electronic trading on the new York Mercantile exchange (NYMEX) climbed 28 cents (0.51 percent) to $54,82 per barrel.
Following the session on Thursday the quotation of the futures on Brent crude rose 13 cents (0.2 percent), to $60,62 for a barrel of WTI rose by 24 cents (0.4 percent), to $54,54 a barrel, the high from July 2015.
Data about reduction of stocks in USA and decline of oil supplies by OPEC member countries in October support the growth of the oil market.