Brent crude oil price exceeds $56 per barrel on London’s ICE first since Feb 25

MOSCOW. KAZINFORM The price of futures contracts of Brent crude oil for March 2021 delivery went up by 3.11% on London's ICE on Friday trading compared with the previous closing to $56.07 per barrel, surpassing $56 per barrel for the first time since February 25, 2020, according to the trading data.

Meanwhile, the price of futures contracts of WTI crude oil was up by 2.95% at $52.33 per barrel, TASS reports.