Brent Crude Oil Price Reaches Highest Level in 2016 at Over $57 Per Barrel

© Sputnik / Boris Babanov / Go to the mediabankThe prices of West Texas Intermediate (WTI), the US oil benchmark, and Brent crude, the global oil benchmark, hit record lows not seen since April 2009 on Tuesday.
The prices of West Texas Intermediate (WTI), the US oil benchmark, and Brent crude, the global oil benchmark, hit record lows not seen since April 2009 on Tuesday. - Sputnik International
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Brent crude oil prices closed at $57.19 per barrel on Friday, which is the highest price Brent crude has seen this year.

MOSCOW (Sputnik) — Brent crude closed at $35.99 per barrel in January 2016. At the start of December, the price per barrel was $54.58.

The price per barrel for WTI crude oil closed at $53.96 on Friday, which is the highest figure since December 12 ($53.75 per barrel).

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