Brent crude oil trades at over $30 per barrel

22/01/2016 14:49 AST

The cost of the futures contracts of Brent crude oil for March 2016 delivery exceeded $30 mark on London's ICE on Friday trading at $30.67 per barrel. On Thursday, the cost of the futures contracts of Brent crude for March delivery rose by 3% to $29.45 per barrel in London. Russian stocks finished trade higher as the ruble-denominated MICEX surged by 2.87% to 1677.19 points on the Moscow Exchange while the dollar-denominated RTS went up by 0.59% to 632.12 points. Russia’s currency fell to record lows against the dollar and the euro though it partially recovered losses closer to end of day trading as the dollar slipped to $82.63 rubles and the euro went down to 89.99 rubles.


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