2021 April 16 09:27

Oil prices are slightly up

Oil prices rose by 0.13%-0.14%

As of April 16 (08:11, Moscow time), Brent Crude futures for June settlement were trading 0.13% hihger to settle at $67.03 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange rose by 0.14% to close at $63.55 a barrel.

Oil prices climb driven by Chinese statistics.

OPEC+ earlier agreed to increase production by 350 thousand barrels per day in May, and the same in June, then 400 thousand barrels per day in July.