The price of Brent crude futures rose above $59 per barrel for the first time since February 21, 2020, trading data shows on Thursday.
As of 10:58 Moscow time (07:58 GMT), April futures for Brent crude were trading up by 0.31% at $58.87 per barrel. Just minutes earlier, they topped $59 per barrel.
Meanwhile, March futures for the WTI oil are trading up by 0.77% at $56.12 per barrel.
