World oil prices rise

As a result of e-commerce in London and New York stock exchanges, the world oil prices are rising, Gazeta.ru reports.

According to the source, the price for February Futures WTI oil has increased by 0.38 percent making up 52.95 USD per barrel on the New York Mercantile Exchange (NYMEX).

The price for February Futures Brent oil has risen by 0.45 percent reaching USD 55.48 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158.988 litres.