Oil prices continue to rise at bargains on Tuesday after lifting by more than 5% on the results of previous trading.
The cost of October Futures on Brent Oil on the London Stock Exchange Ice Futures on Tuesday morning is $ 69.01 per barrel, this is $ 0.26 (0.38%) above the price of closing the previous session. According to the results of previous trading, these contracts went up by $ 3.57 (5.5%) – up to $ 68.75 per barrel.
WTI oil futures price for October at the electronic trading of the New York Commodity Exchange (NYMEX) is $ 65.86 for Barrel, which is $ 0.22 (0.34%) above the final value of the previous session. On Tuesday, the cost of these contracts increased by $ 3.50 (5.6%) – up to $ 65.64 per barrel.
On the eve of Brent, it has risen up to $ 67.20 per barrel. The positive news for the market was a message that the Food and Drug Administration (FDA) management of the United States issued a full permit for the use of the Pfizer-BionTech vaccine from COVID-19 for persons over 16 years.