Oil returns to $80

Oil returns to $80
© Photo: Maria Novoselova/Vestnik Kavkaza

According to trading data on the ICE exchange in London, the price of Brent crude oil futures exceeded $78 per barrel. This happened for the first time since October last year.

Brent surpassed $78 per barrel at around 12:00 Moscow time. At first, the price grew by 1.48%, but analysts recorded a slight decrease in growth by 0.1% later.

Meanwhile, WTI crude oil futures also increased. It reached $75 per barrel, gaining 1.5%.

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