Oil prices rise

Oil prices rose on November 6 after a sharp decline last week, Report informs referring to Interfax.

The cost of January futures for Brent oil on the London ICE Futures exchange amounted to $85.3 per barrel, which is $0.41 (0.48%) higher than at the close of the previous session.

WTI oil futures for December in electronic trading on the New York Mercantile Exchange (NYMEX) rose by $0.5 (0.62%) to $81.01 per barrel.

Last week, Brent lost 4.8% in price, WTI decreased by 5.9%, according to Dow Jones.

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