Global Oil Prices Rise Amid China's Developments

Global oil prices are rising following the easing of anti-coronavirus measures in China. This information is reported by Gовoрит Москва.

Starting January 8, authorities have canceled the mandatory PCR testing for entering the country and the isolation for incoming travelers to China.

As of 8:50 AM Yerevan time, the price of Brent crude oil for March futures has increased by 1.27%, reaching $79.57 per barrel. Meanwhile, WTI February futures rose by 1.38%, reaching $74.79 per barrel.