Oil rose in price on Friday and following the results of the week on signals of reduction of fuel reserves in the world.
Following the auction on July 14, the value of the September contract for Brent crude on the ICE Futures exchange in London increased by $ 0.49 (1%) to $ 48.91 per barrel.
August futures for WTI on the New York Mercantile Exchange NYMEX went up by $ 0.46 (1%) to $ 46.54 per barrel.
Today oil rises in price.
September futures for Brent crude on the London Stock Exchange rose by 19 cents (0.4%) - to $ 49.10 per barrel.
Quotes of the August contract for oil WTI rose by 16 cents (0.3%) - to $ 46.70 per barrel.

The past week has become for the dollar the worst since May.
As it became known last Friday, retail sales in the US in June decreased by 0.2% compared with May, although experts expected the growth rate of 0.1%.
In addition, consumer prices (CPI) last month did not change compared to May and increased by 1.6% compared to June last year. Analysts on average expected an increase of the first indicator by 0.1%, the second - by 1.7%.
As a consequence, the assessment of the probability of an increase in the base interest rate by the Federal Reserve System (FRS) in 2017 dropped to less than 50%.
The greenback was up against the euro to $ 1.1449 against $ 1.1470 at the close of the session last Friday.
The rate of the single European currency fell to 129.01 yen by the indicated time compared to 129.07 yen the day before. The value of the dollar against the Japanese currency rose to 112.68 yen against 112.53 yen on Friday.

At the close of Friday trading, August gold futures rose 0.95% to $ 1,228.88 on the New York Mercantile Exchange COMEX, departing from Friday's high of $ 1232.7, the highest since July 3.
Over the week, gold gained 1.32%.
According to a report released on Friday by the US Department of Labor, in June, consumer price inflation in the US fell to 1.6% against the value of 1.9% in May.
Consumer spending also turned out to be lower than expected and retail sales in June decreased by 0.2 versus growth expectations of 0.1%.
A cheaper dollar led to a rise in the price of gold, as this commodity, calculated in dollars, becomes cheaper for holders of other currencies.
At COMEX, silver futures rose 1.71% to $ 15.96 per troy ounce, having risen 2.38% over the week.
Platinum futures rose by 1.8% to $ 923.45 an ounce. By the end of the trading session on Friday, palladium went up by 0.28% to $ 857.17 per ounce, and copper - to $ 2,694 per pound
Next week, the attention of the global financial markets will be focused on the results of the meeting of the European Central Bank, which will be held on Thursday. Market players are interested in new tips about the ECB's failure time from a super-soft monetary policy.
In addition, investors will be interested in data on China's economic growth for the second quarter, as well as data on inflation in the UK.
Monday, July 17th
China will publish data on GDP, industrial production and the volume of investment in the business.
The updated data on inflation of consumer prices in the Eurozone will be published.
Canada will publish a report on purchases of foreign securities by Canadian investors.
In the US, a report on production activity in the New York region will be released.
Tuesday, July 18
Inflation report will be released in New Zealand.
The Reserve Bank of Australia will publish the minutes of the last meeting of the Committee on Monetary Policy.
In the UK, inflation figures will be published.
The ZEW Institute will publish data on consumer sentiment in Germany.
In the US, data on import prices will be published.
The head of the Bank of England, Mark Carney, should speak in Hampshire.
Wednesday, July 19
Canada will publish a report on the volume of sales in the manufacturing sector.
In the United States will be published reports on the number of permits for construction and the number of new construction.
Thursday, July 20
The Bank of Japan will announce the value of the interest rate and publish a report on monetary policy, which will make a review of the economic situation and the factors that influenced the decision on monetary policy. After the announcement of the decision, the president of the central bank of Japan will hold his press conference.
The UK will publish data on the volume of retail sales.
Friday, July 21st
In the UK, there will be information on public sector borrowing.
Canada will end the week with the publication of data on inflation and retail sales.