Brent oil price reaches $60/barrel first time since Dec 2014

MOSCOW, Feb 13 (PRIME) -- The Brent oil price rose 1.5% to U.S. $59.99 per barrel as of 9:34 a.m. Moscow time on Friday and was growing to $60.01 during the trading session for the first time since December 2014.

The WTI oil price grew 1.3% to $51.85 per barrel.

Oil prices are growing amid a number of energy companies announcing programs to cut expenditures and production.

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