Global oil prices rise over 1.5%

Global oil prices are rising more than 1.5%, Report informs referring to the auction data.

The price of May futures for Brent crude fell by 0.52% to $84.31 per barrel, April futures for WTI fell by 0.46% to $77.8.

As a result of the week, the price of Brent crude oil may show an increase of 1.64%, and WTI may grow by 1.86%.

The growth in demand from China after the lifting of coronavirus restrictions was one of the main factors for prices this week.