Oil prices rose by 0.94% - 0.99%
As of February 2 (07:41, Moscow time), Brent Crude futures for April delivery were trading 0.94% higher to settle at $56.86 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 0.99% to $54.08 a barrel.
Oil prices rise on the optimism regarding the demand for commodity.