Reuters
Brent crude, according to trading data, rose above $ 57 a barrel for the first time since February 24 of last year.
read more
As of four o’clock on Wednesday, Moscow time, the price of March futures contracts for North Sea oil from Brent rose 0.48% to $ 57.03 a barrel, and February futures for West Texas Intermediate crude rose 0.66%, to $ 53.56 a barrel.
Oil prices continue to receive support due to optimistic expectations of demand on the one hand, as well as against the backdrop of production prospects after the decisions of the “OPEC +” group, on the other hand.
Last week, OPEC + completed a two-day meeting, in which it defined the parameters of the deal two months ago, as the current terms of the agreement were extended to almost all countries, but Russia and Kazakhstan got an opportunity to increase production in February and March, while Saudi Arabia and a number of countries The other post, on the contrary, decided to reduce it.
Source: Novosti
Source link