Oil has grown in cost, and Brent is at $69.87 a barrel

15:26 - 12.03.2021


March 12, Fineko/abc.az. Oil prices are rising in Friday’s trading.

By 14:41 am, in the trading at the London ICE Futures Exchange May’s Brent crude futures rose by $0.24 (0.34%) up to $69.87 per barrel. At the end of trading on 11 March the Brent futures for May rose in price by $1.73 (2.55%) up to $69.63 per barrel.

According to Dow Jones, Brent crude oil on Thursday reached the highest level to close trading since May 2019.

By 14:41 am, at the New York Mercantile Exchange (NYMEX) the price of April’s WTI oil futures rose by $0.14 (0.21%) up to $66.16 per barrel. At the end of trading on 11 March the WTI futures for April grew by $1.58 (2.45%) up to $66.02 per barrel.

 

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