Brent oil rises by 0.28% to $21.48

The price of a barrel of Brent oil for delivery in June ended the day on the London futures market at $21.48, up 0.28% from the end of the previous session.

North Sea crude oil, the benchmark in Europe, ended the day on the International Exchange Futures with an increase of 0.06 dollars compared to the last trade, when it closed at 21.42 dollars.

The price of Brent registered this Friday hardly any variation, despite the fact that the pressure on the price is maintained due to the collapse of demand due to the COVID-19 pandemic and the lack of means to store the production surpluses.

Tensions between the United States and Iran have helped to halt the downward spiral into which oil prices plunged earlier this week.

Helping to maintain stability was the prospect among analysts that some U.S. producers will obtain legal facilities to temporarily close their facilities in order to reduce their pumping.