Brent oil rises to $82.43 per barrel

Oil prices rose slightly on Tuesday morning after ending the previous session almost unchanged, Report informs via Interfax.

May Brent futures rose in price on the London ICE Futures exchange by $0.22 (0.27%) to $82.43 per barrel.

On Monday, Brent rose by 13 cents to $82.21 a barrel.

April futures for WTI rose in price on the New York Mercantile Exchange NYMEX by $0.13 (0.17%) to $78.06 per barrel.

During the previous session, the contract fell by 8 cents to $77.93 per barrel.

Market participants are awaiting the release of US inflation data on March 12, as well as the publication of monthly reports from OPEC and the International Energy Agency (IEA).

Besides, traders are monitoring compliance by OPEC+ countries with their voluntary commitments to reduce supplies, as well as the level of production in the United States, which has been at record levels since the end of January.