During the final trading session last week, the price of February futures for a Brent Crude Oil barrel (ICE Futures) appreciated by $ 0.35 (+ 0.5%), reaching the mark of $ 65.25. The February contract for a WTI Crude Oil barrel (NYMEX) has gained $ 0.11 (+ 0.2%), gaining a foothold of $ 58.47.

Brent Crude (ICE)

WTI (Nymex)

Due to the Christmas celebrations, the total number of exploited oil drilling sites in the US has remained stable (747). In December 2016, the USA exploited 523 oil drilling sites.

According to the experts' forecasts, next year, the production in the US will gradually increase until it reaches a volume of 690,000 barrels per day more than at the moment. It is expected that the US will overtake Russia in the sphere of energy carriers exports by 2025.

However, it should be noted that Russian oil companies do not stand still either. For example, this year the volume of hydrocarbon production by the Gazprom Neft Company will be 4.2% higher than the results of 2016. The growth has become possible thanks to the development of new large projects in the Arctic zone. In addition, a new large field has been discovered on the shelf of the Sea of Okhotsk.

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