Oil prices rose during trading on Monday, amid investors' optimism that global demand for crude would continue to recover.
The benchmark Brent crude for March delivery recorded a growth of 1.31% at $91.21 a barrel. US NYMEX crude for March delivery also rose by 1.15% to reach $87.82 a barrel.
Oil prices continued their gains after recording six consecutive weekly gains, during which they rose to the highest level since 2014, and Brent crude is heading to record its best performance in January in 30 years on least.
The Pentagon announced that Russia boosted troop levels on the Ukrainian border further over the weekend, and that crisis is scheduled to be discussed at the United Nations Security Council later today. .
Also, eyes will turn to the (OPEC +) meeting next Wednesday; This is to discuss production levels during the coming period.
