Oil continues to grow in global market

Raw price prices are restored against the background of reduced concerns about the prospects for falling demand for fuel, RBC reports.

The cost of March futures on oil Brent rose by 1.5%, to $ 85 per barrel. The last time above this level, oil was traded in early November 2021.

Experts believe that oil is also becoming more expensive against the background of expectations that the new version of the Coronavirus “Oomikron” may not be so dangerous as expected. This reduced the concerns of the market participants regarding the prospects for falling demand for fuel in the world.