Brent crude oil price exceeds USD 71 for the first time since March 8

Brent crude oil price exceeds USD 71 for the first time since March 8
# 01 June 2021 18:59 (UTC +04:00)

The price of futures contracts of Brent crude oil for August 2021 delivery went up by 2,64% on London's ICE  trading to $ 71,15 per barrel. The last time Brent oil was traded above $ 71 was on March 8 this year, APA-Economics reports.

The price of WTI rose 3.45% to stand at $ 68.61 a barrel on the New York Mercantile Exchange in July.

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