Oil prices rose after the announcement of an improved outlook for the growth rate of world consumption , which was granted by the International Energy Agency .

The International Energy Agency has changed the forecast growth in global oil consumption this year in a big way , increasing the rate of consumption by 50,000 to 1.3 million barrels per day. According to experts of the IEA , this change will figure by accelerating economic growth.

Also contributed to the increase in the price of oil news from China . According to reliable information , the Chinese Central Bank has provided financial system more than 42 billion dollars. Such actions were designed to stop the growth of lending rates , as well as to reassure market participants, who were worried because of the recurrence of the cash shortage .

In addition , on Monday the United States together with the European Union announced an easing of international economic sanctions against Iran. Recall that recently the parties concluded an agreement that in exchange for the lifting of sanctions Tehran start reducing its nuclear program, and retain the previous volume of exported oil . Analysts say that at the moment , the world market goes to 60% less Iranian oil than it was two years ago, and that in the near future supplies will remain at this level.

At the same time, market participants continue to worry about oil supplies from Libya and South Sudan . Earlier, President of South Sudan made ​​a statement that government troops liberated from the rebels regional center Malakal , but soon the rebels gave a rebuttal to this statement. From the reports from Libya , it became known that the local authorities are planning in the coming days to clear all the invaders that are important for the export of oil , the eastern ports . Recall that the three major ports, which previously were shipping every day more than 600,000 barrels of oil for export, at the moment are on the control of armed protesters who are fighting for their political rights .

February futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 95.20 per barrel on the New York Mercantile Exchange (NYMEX).

March futures price for North Sea Brent crude oil mixture rose $ 1.48 , or 1.4 percent, to $ 107.83 a barrel on the London exchange ICE Futures Europe.

Gold prices fell to a six-week peak against the background of recovery in stock markets and the possibility of weakening demand in the physical market .

Today, the IMF has improved the assessment of global economic growth in 2013 and forecast for 2014 - up to 3 % and 3.7 % respectively from the expected 2.9% in October and 3.6 %. Growth in the economies of developed countries , according to the IMF amounted to 1.3 % in the past year , and in 2014 will accelerate to 2.2%.

Investors do not want to create large positions in anticipation of the Fed meeting , at which the central bank may continue to reduce the program of buying bonds.

Fed meeting will be held January 28-29 . At the December meeting, the central bank reduced its monthly buying of bonds by $ 10 billion to $ 75 billion . Due to this program, the price of gold in 2011 reached a historic high of $ 1,920 an ounce, but subsequently decreased by 35 percent from that level .

Gold purchases in China, the world's largest consumer of the precious metal , declined last week as prices are rising for four weeks . Surcharge 99.99 fine gold on the Shanghai Futures Exchange fell to $ 13 per ounce to $ 14 on Monday . According to analysts, China's gold imports will decline this year to a record high last year.

Cost February gold futures on the COMEX today dropped to $ 1235.10 per ounce.

Gold  $1,241.80 +$3.50 +0.28%

Oil  $94.08 -$0.09 -0.10%