Russian ruble

Oil is extending gains on Wednesday after a big drop in US oil stockpiles. Brent oil futures rose by 0.88%. Likewise, WTI crude was moving higher in the Asian session. The ruble is losing ground against the US dollar. On

In early session, oil prices came under pressure from the data provided by the American Petroleum Institute that broke off the rally in the energy market. The ruble is trading in a downward trend after two days of gains. Traders

Brent crude moved above 43 dollars per barrel despite the lack of short-term supporting factors. The industry data from the US helped lift the prices. Meanwhile, the US dollar advanced against the ruble approaching the 80 mark even though the