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Oil price rise – you know why

by Binary News NetworkFebruary 19, 2021

Oil prices are slightly appreciating during today’s trading, under pressure from the strengthening of the US dollar and the technical correction in the overbought market, S&P Global Platts notes.

The cost of April futures for Brent oil on the London stock exchange ICE Futures by 8:28 Moscow time was $ 63.52 per barrel, which is $ 0.17 (0.27%) higher than the price at the close of the previous session.

As a result of trading on February 16, these contracts renewed their 13-month maximum, having risen in price by $ 0.05 (0.1%) – to $ 63.35 per barrel. 

 

.@LSEplc is the pre-eminent Primary exchange venue for liquidity in Europe. In January 2021, more than 23 billion shares were traded; more than on any other European exchange. Learn more in our blog. https://t.co/L2HTbsN8HP #trading #secondarymarkets #LondonAlwaysGlobal pic.twitter.com/yixMu2qanh

— London Stock Exchange (@LSEplc) February 18, 2021

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