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2021 February 17   09:38

Oil prices rise as US production decreases

Oil prices rose by 0.03%-0.19%

As of February 17 (08:02, Moscow time), Brent Crude futures for April delivery were trading 0.19% higher to settle at $63.46 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 0.03% to $60.07 a barrel.

Oil prices continue rising amid decreased production and processing in Texas.

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