Brent ended the week at $ 52.52 per barrel

Oil prices rose sharply on Friday, Brent finished the week at $ 52.52 a barrel.

Brent rose on 28 July, 2%, or by $ 1.03 per barrel, showing the course of trading in the two-month maximum - $ 52.68 per barrel. American light oil price at the end of the session $ 49.71 per barrel, an increase of 67 cents, or 1.4% higher than it was the day before, and by the end of the week grew by nearly 9%. Oil prices have been supported through a major reduction in stocks of raw materials in the United States, as well as plans for exporters, especially Saudi Arabia, to cut supplies in August.

In addition, on Sunday in Venezuela must pass a vote that would allow the ruling party of President Nicolas Maduro to rewrite the constitution in his favor, that the United States considers a step towards dictatorship, and has threatened to Caracas sanctions, which spread to the oil sector, and could raise the cost of raw materials. Pronedra previously reported that the price of oil on July 28 reached two-month highs.

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