The price of futures contracts of Brent crude oil for August 2021 delivery went up by 2,64% on London's ICE trading to $ 71,15 per barrel. The last time Brent oil was traded above $ 71 was on March 8 this year, APA-Economics reports.
The price of WTI rose 3.45% to stand at $ 68.61 a barrel on the New York Mercantile Exchange in July.