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2021 February 5   09:33

Oil prices show moderate growth

Oil prices rose by 0.41% - 0.76%

As of February 5 (07:28, Moscow time), Brent Crude futures for April delivery were trading 0.41% higher to settle at $59.24 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 0.76% to $56.66 a barrel.

Oil prices continue rising on expectation of output reduction by some OPEC+ countries.

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