Brent traded at $ 35.35 a barrel – Vedomosti

To 8.25 March futures for Brent crude traded on the London ICE Futures Exchange at $ 35.35 a barrel, up 1.45% below the price at the close of the previous trading session. March futures price for WTI declined to the same time to $ 33.17 per barrel. In January oil fell by 9%.

On Friday, oil futures rose on reports that Russia and OPEC may begin talks on reducing oil production to stabilize prices in the market. In addition, a positive impact on investor sentiment measures had the Bank of Japan, which introduced a negative rate, reminds “Interfax”. On Monday, China’s State Statistical Office reported that the official purchasing managers index (PMI) for the processing industry in China in January fell to 49.4 points from December’s 49.7 points at the forecast level of 49.6 points.