Oil rises in price by 1% after the release of API statistics on stocks. At 10:35 am Brent mark showed 1.02% growth to $ 59.41, WTI climbed $ 1.01% to $ 54.02. As the API report showed, last week oil reserves in The United States decreased by 4.3 million barrels, which acted as a supporting factor for quotations. The publication of the report of the Ministry of Energy is expected tonight - analysts expect it to show an increase reserves of 482 thousand barrels. According to Oanda analyst Edward Moya, whose opinion quoted by Reuters, the rise in oil prices was caused by on the one hand, positive statistics on reserves, with the other, some easing of concerns about the spread of the coronavirus. The significant event of today is the announcement the Fed's decision on the interest rate. Players are in waiting for the results of the two-day meeting of the regulator; by expert forecasts, the rate will remain unchanged.