Prices for oil reference brands continue to grow during bidding on Friday after the jump on the eve, Interfax transmits.
The price of April futures on Brent on the London Stock Exchange Ice Futures on Friday is $ 91.56 per barrel, which is $ 0.45 (0.49%) above the price of closing the previous session.
The price of WTI oil futures for March at the electronic bidding of the New York Commodity Exchange (NYMEX) is $ 90.92 per barrel, which is $ 0.65 (0.72%) above the final value of the session on Thursday. WTI quotes exceeded $ 90 than the barrel for the first time since October 2014.
Support for the oil market continues to fear of an insufficient supply against the background of actively restoring demand. Risk factors for supply are geopolitical tensions in Eastern Europe and the Middle East, as well as the fact that many OPEC countries have not yet been able to increase production to a consistent level.
However, heavy snowfalls in the United States also support oil prices, since the state of fuel for heating houses and enterprises increases in the States.