Brent futures climb to $70.5 per barrel on ICE

Brent oil futures with delivery in May 2021 surged by 1.64% to $70.5 a barrel on the London-based ICE on Monday, SİA reports citing TASS.

Brent oil prices were above $70 per barrel last time in January 2020.

Brent oil futures later gained 1.77% to $70.59 per barrel.

WTI futures with the settlement in May moved up by 1.71% to $67.05 a barrel at the same time.

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