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2021 February 8   09:29

Week starts with oil prices increase

Oil prices rose by 0.64% - 1.07%

As of February 8 (07:45, Moscow time), Brent Crude futures for April delivery were trading 0.64% higher to settle at $59.94 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 1.07% to $57.46 a barrel.

Oil prices rise in expectation of demand recovery.

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