Oil prices continue to grow on Monday after the maximum of the lifting of the last week.
Cost of February futures on Brent on the London Stock Exchange Ice Futures by 9:15 is $ 76.06 per barrel, which is $ 0.91 (1.21%) higher prices for closing the previous session.
Futures price for WTI for January at the electronic trading of the New York Commodity Exchange (NYMEX) reached $ 72.68 per barrel, which is $ 1.01 (1.41%) above the final value of the previous session.
At the end of last week, Brent has rise in price by 7.5%, WTI is 8.2%.
Oil prices increased significantly over the week, because concerns related to the spread of a new strain of COVID-19 “Oomikron”, weakened, while economic forecasts remain basically unchanged, “notes the main oil analyst Market Oanda Corp. ED Moya.