The price of Brent oil exceeded $96 for the first time since October 2014

As of 04:06 Moscow time, the price of Brent futures for April delivery rose by 0.9% to $96.02 per barrel.

The cost of March futures for WTI oil increased by more than 1.8% to $94.82.

Earlier, the head of the Finance and Economics department at the Institute of Contemporary Development, Nikita Maslennikov, in an interview with RT, commented on the news that the cost of Brent oil exceeded $95.