Oil keeps on rising in price, and Brent is at $63.41 a barrel

10:17 - 16.02.2021


February 16, Fineko/abc.az. Oil prices are growing in Tuesday’s trading, having been at their highest since January 2020.

By 9:40 am, in the trading at the London ICE Futures Exchange the price of April’s Brent crude oil futures increased by $0.11 (0.17%) up to $63.41 per barrel. At the end of trading on 15 February the Brent futures for April rose in price by $0.87 (1.39%) up to $63.30 per barrel.

By 9:40 am, at the New York Mercantile Exchange (NYMEX) the price of March’s WTI oil futures grew by $0.62 (1.04%) up to $60.09 per barrel. Trading was not held on 15 February due to the weekend in the U.S.

 

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