Global oil prices increase slightly

Prices for benchmark oil rose moderately on March 1 morning after a slight decline the day before, which didn’t prevent quotes from ending in positive territory for the second month in a row, Report informs referring to Interfax.

May Brent futures rose in price on the London ICE Futures exchange by $0.28 (0.34%) to $82.19 per barrel.

On February 29, Brent fell $0.24 (0.3%) to $81.91 a barrel.

April futures for WTI rose in price on the New York Mercantile Exchange NYMEX by $0.21 (0.27%) to $78.47 per barrel.

During the previous session, the contract fell by $0.28 (0.4%) to $78.26 per barrel.