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2021 February 1   09:59

Week starts with oil prices increase

Oil prices rose by 0.42% - 0.65%

As of February 1 (07:45, Moscow time), Brent Crude futures for April delivery were trading 0.65% higher to settle at $55.38 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for March delivery on the New York Mercantile Exchange rose by 0.42% to $52.42 a barrel.

Oil prices rise in expectation of OPEC+ deal and COVID vaccination prospects.

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