Brent oil price exceeds $92

Global prices for Brent oil remained stable at above $92 per barrel, Report informs.

Brent's April futures fell 0.24% to $92.5 per barrel. March futures for WTI dropped by 0.08% to $91.25 per barrel.

Oil investors are looking forward to the US Department of Energy’s Short-Term Energy Outlook (STEO) on February 8, monthly OPEC and IEA reports on February 10 and 11, respectively, and weekly US stock and production data on February 9.

In addition, refiners such as BP, TotalEnergies and Equinor are expected to publish financial reports this week. In case of strong results, the shares of companies will support the rise in oil prices.