World oil prices rise

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

According to the source, the price for March Futures WTI oil rose by 0.13% totaling to $53.43 per barrel on the New York Mercantile Exchange (NYMEX).

The price for April Futures Brent oil increased by 0.18%, reaching $55.75 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.