Oil declines in price, and Brent is at $85.10 a barrel

09:34 - 28.09.2022


September 28, Fineko/abc.az. Prices for oil of benchmark grades are falling in Wednesday’s trading after rising the day before.

The cost of November’s Brent crude futures at the London ICE Futures Exchange by 09:17 am is $85.10 per barrel, which is $1.17 (1.36%) less than the closing price of the last session. Following the trading on 27 September, these contracts rose by $2.21 (2.63%) to $86.27 per barrel.

The price of November’s futures for WTI crude oil at electronic trading at the New York Mercantile Exchange (NYMEX) by 09:17 am is $77.42 per barrel, which is $1.08 (1.38%) lower than the final value of the previous session. Following the trading on 27 September, the value of these contracts increased by $1.79 (2.33%) to $78.50 per barrel.

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