Brent oil rises to $88 per barrel, first time since Dec 5

Published : 23 Jan 2023 08:34 PM

The price of Brent crude oil with March delivery surpassed $88 per barrel for the first time since

December 5 on London's ICE.

As of 12:31 Moscow time, the price of Brent rose by 0.42% to $88 per barrel.

By 12:43 Moscow time, the price of Brent accelerated growth and reached $88.12 per barrel (+0.56%).

Meanwhile, WTI futures with March 2023 delivery increased by 0.48% to $82.03 per barrel.