Brent rises above $42, WTI above $41 a barrel for the first time since December

Oil prices continued to rise today, for the first time since December 4th of last year WTI oil broke the threshold of 41 dollars per barrel, Brent went above the level of 42 dollars, according to trading data.

However, according to analysts, the positive dynamics are unstable. "The market clearly wants to rise above this level, but investors are cautious at these levels," RIA Novosti quoted the strategist of Saxo Bank, Ole Hansen, referring to the Bloomberg agency.