It is reported by TASS with reference to the auction data.
As of 17:04 Moscow time, the price of Brent rose by 1.86% to $86.03 per barrel.
By 17:07 Moscow time, the price of Brent slowed down and stood at $86.01 per barrel.
Earlier, Igor Yushkov, a leading expert of the National Energy Security Fund and the Financial University under the Government of Russia, commented on the situation on the oil market in an interview with Economics Today.