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Oil prices accelerated, Brent – $78.75 per barrel.

Oil prices accelerated, Brent - $78.75 per barrel.

Oil mining

Oil prices accelerated throughout the day during the new year’s first auction, despite market concerns about falling demand due to the spread of the new strain of COVID-19, “Omicron”. The price of March futures for Brent oil on the London Stock Exchange ICE Futures Monday was $78.75 per barrel, which is $0.97 (1.25%) higher than the previous session’s closing price. The price of WTI oil futures in February at the New York Mercantile Exchange (NYMEX) is currently $76.05 per barrel, which is $0.84 (1.12%) higher than the level of the previous trading. According to 2021 results, Brent oil rose by 53%, and WTI by 57%.

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