For the first time in more than a month, oil is above $81

Oil prices rose, during today’s trading, by more than 1%, and “Brent” crude exceeded the level of $81 a barrel, for the first time since the end of last November.

Brent crude futures rose 1.43% to $81.14 a barrel. Meanwhile, US West Texas Intermediate crude futures rose 1% to $77.74 a barrel, according to Bloomberg website data.

It is noteworthy that the “OPEC +” group decided to maintain its path to gradually increase production, and decided to raise “the total level of production by 400,000 barrels per day in February 2022.

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