Brent oil trades above $59 for barrel for first time since 21 February, 2020

Brent oil trades above $59 for barrel for first time since 21 February, 2020
  • Clock-gray 13:07
  • calendar-gray 04 February 2021

The price of Brent crude futures rose above $59 per barrel for the first time since 21 February, 2020, trading data shows on Thursday, APA reports citing Sputniknews.

As of 10:58 Moscow time (07:58 GMT), April futures for Brent crude were trading up by 0.31 percent 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 percent at $56.12 per barrel.

APA-Economics

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