Oil is rising, and its price exceeded $69 per barrel level, since perspectives of new rules for efficiency in regards to US cars might cause increase in fuel consumption, Bloomberg reports. These news were more important than perspective of supply gains n behalf of US.

Futures in New York grew by 0,5%, after they showed four weekly drops. This month oil lost 7%.

Regulator in the US propose serious changes in cars efficiency rules that will allow new cars and light trucks drive in average 37 mile per gallon from 2020 to 2026 instead of increase to 47 miles per gallon that was planned earlier. It may result in fuel consumption rise to 500000 barrels per day.

WTI oil price with September delivery grew to $69,05 per barrel. Last week it lost 2,5% and closed at $68,69. Brent oil with September delivery is traded for $74,48 per barrel. It grew by 1,7% to $74,29 last week. Shanghai futures cost 509,2 yuan per barrel. They gained 2,7% last week.

Meanwhile, according to Baker Hughes, US oil rigs number grew by three to 861 last week.