Brent oil price exceeded $81 per barrel

The cost of a Brent crude oil futures contract for March 2022 delivery on the London ICE exchange rose 1.31% to $81.05 per barrel, TASS reports with reference to the auction data, Report says.

The last time the price of Brent exceeded $81 per barrel was on November 26, 2021.

The price of a WTI crude oil futures contract for February 2022 delivery increased by 0.99% to $77.75 per barrel.