MOSCOW (Sputnik) - Global oil prices are rising by more than 1% on Wednesday, and the price of Brent crude exceeded $80 per barrel first time since November 26, according to trading data.
As of 15:50 GMT, the price of March futures for Brent crude oil grew by 1.58% to $79.93 per barrel, exceeding $80 for minutes earlier. February WTI futures were trading up 1.5% at $77.14.