Oil price rises, and Brent is at $95.26 a barrel

09:40 - 8.08.2022


August 8, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Monday’s trading after falling at the end of last week.

At the London ICE Futures Exchange the October’s Brent crude futures rose by $0.34 (0.36%) to $95.26 per barrel by 09:27 am. Following the trading on 5 August, the cost of October’s Brent crude futures grew by $0.80 (0.85%) to $94.92 per barrel.

At the New York Mercantile Exchange (NYMEX) the September’s WTI oil futures rose in price by $0.28 (0.31%) to $89.29 per barrel by 09:27 am. Following the trading on 5 August, the price of September’s WTI oil futures increased by $0.47 (0.53%) to $89.01 per barrel.

Over the past week, Brent crude oil fell by 8.71% and WTI oil by 9.75%.


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