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Brent oil futures for March 2022 delivery reached $ 84.01 a barrel at 4:06 am Moscow time, according to data from the ICE exchange. It has not exceeded this mark since November 10, 2021. By 4:17 am, the price had dropped to $ 83.8.
The cost of the February WTI futures exceeded $ 80 by 4:00, and by 4:20 it was $ 81.39 per barrel.
Earlier on January 11, Brent futures rose 3.04% to $ 83.33.
Earlier, the rise in world oil prices was facilitated by news of the unrest in Kazakhstan. The country is a major oil producer. Amid unrest in Kazakhstan, uranium prices also began to rise.
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