The price of a Brent oil futures contract with delivery in February 2021 increased by 4.5% to $51.06 per barrel on London’s ICE, Trend reports citing TASS.
The last time Brent was above $51 per barrel was on March 5.
By 19:20 Moscow time, Brent crude oil slowed down and was trading at $50.97 per barrel (+4.32%). WTI crude oil increased by 4.42% to $47.74 per barrel.