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Brent crude price exceeds $55

Oil&Gas Materials 5 December 2016 15:01
The world oil prices have started to increase Dec.5.
Brent crude price exceeds $55

Baku, Azerbaijan, Dec.5

By Leman Zeynalova – Trend

The world oil prices have started to increase Dec.5.

The price for Brent crude oil has exceeded $55 per barrel, according to the trading data.

The price of February futures for Brent crude oil increased by 1.07 percent and stood at $55.04 per barrel as of 05:13 EST Dec.5. This is while the price of January futures for West Texas Intermediate (WTI) oil rose by 0.91 percent and reached $52.15 per barrel.

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