There was a slight increase in oil prices. Investors expect the OPEC + alliance to increase producers’ proposals during today’s meeting of the Ministerial Monitoring Committee. According to market participants, this indicates that the demand for fuel remains stable despite the spread of the coronavirus strain Omicron.
March futures for Brent oil, the report said, citing Investing.com 0,10 rose in price by 1 barrel 79,06 Sold for US dollars. The price of February futures for WTI oil 0,09 % increase, 1 barrel 76,15 USD.
At the price of both oil brands in the last session 1 % increase was registered.