Oil prices up 

Oil prices in the world market go up amid the optimism of investors about economic recovery and increase in oil demand.

Report informs, citing Prime, that as of 8:22 a.m. (GMT +4), the Brent crude price rose by 0.72% to $69.72 a barrel, while WTI crude oil price went up 0.84% to $66.16 a barrel.

Investors are optimistic about the global economic recovery after the crisis due to the coronavirus. The traders focused on the new macroeconomic data from China.

China saw 35.1% growth in industrial production in February, while it was 7.3% in January. This figure was above the expectations of the analysts. At the same time, retail sales in China grew by 33.78% in February, 4.78% in January/.