A corrective rise in prices after their sharp decline the day before against the background of the news about the lifting of sanctions against Iran is observed on the global markets.
As of 08:09, Brent oil has increased in price by 0.85% to 28.98 dollars per barrel.
At the same time, the markets are still affected by investors' concerns about the increase in the excess supply in the oil market due to return of Iranian oil, RIA Novosti reported.