Oil price grows, and Brent is at $89.29 a barrel

04.10.2022,09:35


October 4, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Tuesday’s trading after sharp increase following the previous session.

The price of December’s Brent crude futures at the London ICE Futures Exchange by 09:13 am is $89.29 per barrel, which is $0.43 (0.48%) higher than the closing price of the last session. Following the trading on 3 October, these contracts rose by $3.72 (4.37%) to $88.86 per barrel.

The price of November’s futures for WTI crude oil at electronic trading at the New York Mercantile Exchange (NYMEX) by 09:13 am is $83.88 per barrel, which is $0.25 (0.30%) more than the final value of the previous session. Following the trading on 3 October, the value of these contracts jumped by $4.14 (5.21%) to $83.63 per barrel.