WTI over $40 for the first time since December

The price of the WTI crude oil has overcome the threshold of $40 per barrel for the first time since last year's December.

As of 07:15 PM MSK the cost was $40.06 per barrel. However, after an hour WTI reached the level of $39.8 per barrel. The North Sea Brent blend reached $41.45 per barrel.