Brent crude price exceeds $51 per barrel

LONDON. KAZINFORM - The price of the futures contract for Brent crude with delivery in August reached $51.07 per barrel on London ICE Exchange.

Earlier head of Russian state-owned oil company Rosneft Igor Sechin said that the oil price will remain $50-55 per barrel until the end of 2016 and in 2017 the price may grow to $65, TASS reports.