Brent oil price increases by over $30 per barrel
Baku, Azerbaijan, Jan. 19
Brent oil price has increased by over $30 per barrel, RIA Novosti reported.
March futures price for Brent oil increased by 5.76 percent up to $30.18 per barrel. March futures price for WTI oil increased by 2.88 percent up to $30.08 per barrel.
According to Reuters experts' preliminary estimates, based on China's government data, the demand for oil from China in 2015 reached a record high of 10.32 mbd, which is 2.5 percent more than in 2014.