Brent oil price exceeds $68 first since November
The cost of the futures contracts of Brent crude oil for May 2019 delivery gained 0.71% amounting to $68.03 per barrel on London's ICE as of 11:10 a.m. Moscow time today, according to the trading data.
The cost of Brent crude oil last exceeded $68 per barrel on November 16, 2018. The price of futures contracts of WTI crude oil went up by 0.58% to $58.6 per barrel, TASS reported.
The Russian national currency followed the pickup in the oil price as the dollar exchange rate dropped 0.13% to 65.32 rubles on the Moscow Exchange, while the euro lost 0.12% to 74.01 rubles.