Brent oil rose in price, reaching around $73.47 per barrel

21.10 10:54 | Category Economics

Oil prices rose on Monday after last week's sharp decline.

The price of December Brent futures on London's ICE Futures exchange was $73.47 per barrel, which is $0.41 (0.56%) more than at the close of the previous trade. On Friday, these contracts fell by $1.39 (1.9%) to $73.06 per barrel.

WTI oil November futures on the New York Mercantile Exchange (NYMEX) rose $0.45 (0.65%) to $69.67 per barrel in electronic trading. According to the results of the previous session, the price of these contracts decreased by $1.45 (2.1%) to $69.22 per barrel.

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