15:14 GMT20 April 2021
Listen Live
    Business
    Get short URL
    349
    Subscribe

    MOSCOW (Sputnik) - Brent crude futures broke through $69 per barrel for the first time since 8 January last year.

    As of 14:41 GMT, the price of May futures for Brent oil mixture grew by 3.28 percent to $68.92, trading above $69 per barrel just minutes earlier. April futures for WTI oil grew by 3.1 percent to $65.81 per barrel.

    Oil quotes are growing for the third trading session in a row on news from OPEC+. On 4 March, the alliance decided not to increase production in April, and Saudi Arabia will also maintain its additional reduction of 1 million barrels per day.

    Tags:
    oil prices, oil, Brent
    Community standardsDiscussion