Perspectives for restrictions on oil supply stimulated recovery of prices this week after longest period of decline since 2015, Bloomberg reports.

Futures in New York are close to end this week with 3,7% growth. This is the first weekly gain in two months.

Data from the US showed inventory reduction twice as much as analytics expected (5,84 million barrels instead of 2 million). Besides, deliveries from North Sea are under threat now due to strikes at Total SA's field. And finally, it is still unclear, how US sanctions will influence export from Iran, which is the third largest oil producer in OPEC.

Recently oil price was under pressure from growing tension in trading relations between US and China, as well as from too obvious readiness of OPEC to fill any gaps in supply.

WTI oil with October delivery is traded for $68,34 per barrel. Price of Brent is $75,18% a barrel. It gained 4,7% this week already. Futures in Shanghai rose by 0,9% to 512,6 yuan per barrel.