Oil prices exceed $88 a barrel

Baghdad-INA 

Oil prices continued their recovery, for the second day, exceeding $88 a barrel.

Brent crude futures contracts, until 16:50 Baghdad time, recorded $88.56 a barrel, up by 1.8% from yesterday's closing price, which amounted to $86.97.

US crude rose more than 2% in futures contracts, recording $82.15 a barrel, while it had closed yesterday at $80.55 a barrel.