MACROECONOMICS.

In world stock exchanges on results of tenders on Tuesday, on May, 30^th oil rose in price 0,6-0,9 %.

The price of June futures for North Sea oil mix IPE Brent Crude Oil in London InterContinental Exchange Futures grew 0,65 % - up to $71,05 for barrel.

The price of June futures for American Light Sweet Crude Oil in New York stock exchange NYMEX (New York Merchantile Exchange) increased 0,92 % - up to $72,03 for barrel.

Venezuela will suggest participants of OPEC ministerial conference to reduce oil production, minister oil and energy industry of Venezuela Rafael Ramirez declared, according to RIA News.

"We support reduction of oil production, considering a situation in the world market", - minister told.

But he has not mentioned how much strong reduction of production is considered necessary by Venezuela.

For today Venezuela extracts 3,3 million barrels of oil a day and takes the third place on this parameter among OPEC countries.

In opinion of Venezuelan minister, the rise in oil prices in the world market is caused by not only volumes of extraction.

"Oil prices grow not only due to rise of oil consumption, but due to speculative transactions in stock exchanges, and also because of fear that the USA will attack Iran which is the second oil-producing country of the cartel", - Ramirez told.

MARKET’S GENERAL ASSESSMENT

Oil, which rose in price noticeably on Tuesday, could not keep the Russian share market from the next reduction. On results of a day RTS index dipped 1,01 % - to 1476,99 points, Moscow Interbank Stock Exchange index closed at a level 1303,53 points (-0,79 %). It is necessary to note that the market cannot define the further direction of movement that is confirmed by high volatility of the tenders.

It is not excluded that in short-term prospect nervousness in the market will be kept and the amplitude of fluctuations of quotations of the most liquid papers will be still high. On Tuesday oil futures rose up to record level in conditions of proceeding uncertainty concerning the further development of Iranian "process" for two weeks. Besides fears about the increased storm activity in Northern Atlantic pour oil on the flames.

Meanwhile, Russian “blue markers” finished day by varied dynamics of quotations. LUKOIL shares in MISE decreased 1,77 % (-0,18 % in RTS), Sibneft - 2,31 %, Surgutneftegaz - 0,25 % (-1,75 % in RTS), JSC "EES" - 2,37 % (-3,36 % in RTS), NorNickel ” - 3,39 % (-3,85 % in RTS). Tatneft’s quotations on Tuesday in Moscow Interbank Stock Exchange grew 0,79 % (-4,95 % in RTS), Savings Bank - 0,14 % (-1,84 % in RTS), Gasprom - 0,15 % (+0,76 % in RTS). Rostelecom shares expecting acceleration of privatization process of Svyazinvest Total amount of tenders in RTS made 1018,50 million dollars, in Moscow Interbank Stock Exchange - 4051,53 million dollars.

Recommendations on Gasprom remain former - positions from 9,0-9,5 are kept.