World oil prices up

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 March Futures WTI oil increased by 1,25% totalling to $62,46 per barrel on the New York Mercantile Exchange (NYMEX).

The price for April Futures Brent oil grew by 0,85% to stand at $65,39 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.