Almadar News

Oil rises to $61 a barrel

Trading data showed that global oil prices rose on Friday morning, maintaining their positive development over the previous day, against the background of the political situation in Venezuela and the risks related to the possibility of the United States to impose oil sanctions on this country.

After the start of the crisis in Venezuela, the price of the March North Sea crude oil futures contract (Brent) rose 1.1 percent to $61.76 a barrel, according to MarketWatch, a specialist in the economy and oil prices.

WTI futures for March delivery rose 1.26 percent to $ 53.8 a barrel. Source