Brent price fixed above $ 80 per barrel

On Friday, January 7, by the end of the day, a barrel of Brent fell 0.36% to $ 81.70. In early January, oil prices consolidated above the $ 80 mark. The general background for the oil market is neutral.

According to the latest data from Baker Hughes, the number of oil rigs increased by 1 unit over the past week. up to 481 units, the number of drilling rigs for gas - per unit, up to 107 units. The total number of drilling rigs increased by 2 units, up to 588 units.

The growth of quotations is restrained by the rapid spread of Omicron. Australia has reported 100,000 new cases of Covid-19 for the first time in one day. Record cases of infection in the past few days have been reported by London, the United States, Israel, Italy, Mexico, the Philippines and Okinawa. In India, the number of infections again exceeded 100 thousand. More than 2 million people a day become infected in the world. The number of deaths is not growing at the same rapid rate, so investors are waiting for more information on the workload in medical facilities. If the situation in hospitals worsens and the authorities begin to impose new restrictions, the pressure on the oil market will intensify with renewed vigor.

On Monday, January 10, at trading in Asia, Brent crude is trading at $ 81.85 per barrel. The technical picture for oil is favorable for buyers. After a short consolidation, oil prices are expected to continue to rise to $ 83.40.