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Oil prices go on rising, and Brent is already above $61 a barrel

09.02.2021,10:21

February 9, Fineko/abc.az. Prices for oil of standard grades continue their growth in Tuesday’s trading amid the expectations of recovery in the oil demand around the world.

By 9:39 am, at the London ICE Futures Exchange the price of April’s Brent crude oil futures increased by $0.51 (0.84%) up to $61.07 per barrel. At the end of trading on 8 February the Brent futures for April grew in price by $1.22 (2.06%) up to $60.56 per barrel.

By 9:39 am, at the New York Mercantile Exchange (NYMEX) the price of March’s WTI oil futures grew by $0.49 (0.85%) up to $58.46 per barrel. At the end of trading on 8 February the WTI futures for March rose by $1.12 (1.97%) up to $57.97 per barrel.