The price of April futures for Brent crude at 15:08 Moscow time increased by 2.1% to $93.02, RIA Novosti reports.

The cost of March futures for WTI crude oil rose by 2.23% to $92.23.

Earlier, the head of the Finance and Economics department at the Institute of Contemporary Development, Nikita Maslennikov, in an interview with RT, explained the increase in the cost of WTI oil above $ 90 per barrel for the first time since October 7, 2014.