Oil prices have returned to pre-coronavirus levels

Oil prices have returned to pre-coronavirus levels

Oil prices have returned to pre-coronavirus levels

On Monday, oil prices rose to the level of January 2020, zakon.kz reports with reference to Reuters.

At 15.43 Nur-Sultan time, the price of Brent oil futures on the London ICE Exchange for the first time in more than a year exceeded $ 60 per barrel and amounted to $ 60.5, while WTI was $ 57.49 per barrel.

The oil market is rapidly closing the crisis surplus, – said Norbert Rucker, an analyst at the Swiss bank.

The price of Brent oil exceeded $ 59 for the first time since January 2020. The price of WTI oil futures, including deliveries, will increase by 1.19% in March to $ 57.53.

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