The price of August futures on Brent on the London stock exchange ICE Futures by 8:00 GMT on June 22 increased by $0.83 (1.14%) to $73.88 per barrel. On Thursday, the contracts fell in price by $1.69 (2.26%) to $73.05 per barrel.

The price of WTI futures for July on the electronic trading of the New York commodity exchange (NYMEX) rose by $0.81 (1.24%) to $66.35 per barrel. At the end of the last session, contracts fell by $0.17 (0.26%) to $65.54 per barrel, Interfax reports.

The Ministerial monitoring Committee of OPEC+ reached a preliminary agreement on the rise of production by 1 million barrels per day.

Meanwhile, the delegate, who wished to remain anonymous, expressed the view that the real increase will be about 600 thousand b/d, as many countries can not increase production from the current level.