Baku-APA. The U.S. Energy Information Administration has reported a 14.5 mln barrels drop in crude stocks last week, which has become the biggest weekly drawdown since 1999, APA reports quoting TASS.
The cost of the futures contracts of Brent crude oil for November 2016 delivery went up by 4.22% to $50.01 per barrel on London's ICE trading on Thursday following the U.S. Energy Information Administration report about a 14.5 mln barrels drop in crude stocks last week, which has become the biggest weekly drawdown since 1999.
The dollar exchange rate went down 0.38% to 63.88 rubles on the Moscow Exchange following the news, while the euro lost 0.27% to 71.94 rubles.
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