Benchmark oil showed stability on February 16 morning and may end the week in positive territory due to continued tensions in the Middle East, reported from Interfax.

The price of April futures for Brent on the London ICE Futures exchange amounted to $82.81 per barrel, which is 5 cents lower than the closing price of the previous session.

On February 15, these contracts increased in price by $1.26 (1.5%) to $82.86 per barrel.

Quotes of WTI oil futures for March in electronic trading on the New York Mercantile Exchange (NYMEX) increased by 8 cents to $78.11 per barrel.

At the end of the last session, they rose in price by $1.39 (1.8%) to $78.03 per barrel.

Since the beginning of the week, Brent has risen in price by 0.8%, and WTI has grown by about 1.5% due to fears of disruptions in fuel supplies from the Middle East. At the same time, growth is constrained by data on a jump in US oil reserves by more than 12 million barrels.





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