Business & Economy

For the first time in months … high oil prices

For the first time since January 24, 2020, world oil prices rose today by more than 3%, so that the price of a barrel of Brent brand exceeded $ 58 a barrel.

According to trading data, the price of April futures contracts for the North Sea oil mixture brand “Brent” increased by 2.93% to reach $ 57.98 a barrel, as of 17:29 Moscow time, and minutes earlier, the price exceeded $ 58 a barrel for the first time since February 21, 2020. .

Also, the price of the futures contract for the month of March for West Texas Intermediate crude increased by 3.06% to $ 55.19 a barrel.

US crude rose 2.7% to $ 55.03 a barrel, and both decades had risen more than 2% in the previous session to levels unprecedented since early March.


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