Yesterday, oil prices of reference brands tried to grow on the data on the amount of fuel in the US. According to the US Department of Energy, commercial oil reserves in the country fell by 3,641 million barrels last week to 528,702 million barrels.
However, Brent could not resist the upward trend. Following the auction on April 26, the value of the June contract for Brent crude on the ICE Futures exchange in London fell by $ 0.28 (0.54%) to $ 51.82 per barrel.
June futures for WTI on the New York Mercantile Exchange NYMEX added $ 0.06 (0.12%) to $ 49.62 per barrel.
Today, crude oil is losing value.
The cost of June futures for Brent crude oil on the London Stock Exchange ICE Futures fell to $ 0.19 (0.37%) - to $ 51.63 per barrel.
WTI futures for June in electronic trading on the New York Mercantile Exchange (NYMEX) decreased by $ 0.26 (0.52%) to $ 49.36 per barrel by that time.
The dollar to the Japanese yen jumped to 111,780, a four-week peak, before Trump announced plans to reform the tax system, but surrendered positions, as it did not impress investors. The dollar rose by 0.14 percent to 111.18.
The yen practically did not react to the expected decision of the Bank of Japan on Thursday to keep the monetary policy unchanged.
The euro by that time grew by 0.02 percent to $ 1,0905.
The Canadian dollar rose 0.5 percent to C $ 1.3552 against the dollar.
The Mexican peso strengthened 1.06 percent to 18.98 pesos per dollar after falling to a minimum of more than one month at 19.29.
The Australian dollar grew by 0.13 percent to $ 0.7483, and the New Zealand dollar - by 0.26 percent to $ 0.691.
The dollar index to the basket of six major rival currencies fell by 0.12 percent to 98,922.
Net profit of Total SA in the first quarter of 2017 rose by 77%, or 1.8 times - to $ 2.85 billion from $ 1.61 billion for the same period in 2016, according to a press release of the French oil and gas company.
Adjusted profit (excluding changes in inventory and purchase or sale of assets) in the past quarter increased 1.6-fold to $ 2.6 billion, or $ 1.01 per share, compared to $ 1.6 billion, or $ 0.68 per share.
Significant growth in the indicator was achieved through the restoration of oil prices.
At the same time, profits exceeded forecasts. Analysts polled by Thomson Reuters predicted an adjusted earnings of $ 0.96 per share.
Total increased production in the past quarter by 4% - up to 2.57 million barrels of oil equivalent per day (boe / d).
Average fuel prices rose by 44%. Oil rose in price by 59%, gas - by 18%.
The company improved its profit in oil production and oil exploration almost threefold, to $ 1.38 billion, while in the refining sector the figure fell by 9% to just over $ 1 billion.
In 2017, the company expects to cut costs by $ 3.5 billion compared to 2014. In addition, Total stated that its investments this year will be $ 16-17 billion. In 2016, the company invested $ 18.3 billion.
The company also intends to increase production by more than 4%.
