The price of crude oil in the world market rose above 80 dollars per barrel.
According to the report of Moqar National Newspaper, Brent North Sea Crude went above 80 dollars per barrel for the first time since August, while the price of Brent fell below 70 dollars per barrel last month.
Oil prices rose 10 percent last week due to tensions in the Middle East. Analysts say there is an expectation that the Organization of the Petroleum Exporting Countries (OPEC) may reverse the decision to cut production.