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Oil keeps on rising in price, and Brent is at $54.51 a barrel

08.01.2021,11:29

January 8, Fineko/abc.az. Oil prices continue growing in Friday’s trading after showing an increase following the previous three tradings.

By 9:50 am, at the London ICE Futures Exchange the price of March’s Brent crude futures increased by $0.13 (0.24%) up to $54.51 per barrel. At the end of trading on 7 January the Brent futures for March rose in price by $0.08 (0.15%) up to $54.38 per barrel.

By 9:50 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for February rose in price by $0.14 (0.28%) up to $50.97 per barrel. Following the trading on 7 January the WTI oil futures for February grew by $0.20 (0.4%) up to $50.83 per barrel.