Oil gets cheaper, and Brent is at $93.78 a barrel

09:20 - 12.10.2022

October 12, Fineko/abc.az. Prices for oil of benchmark grades continue declining in Wednesday's trading.

The price of December Brent crude futures at the London ICE Futures Exchange fell by $0.51 (0.54%) to $93.78 per barrel by 09:09 am. Following the trading on 11 October, those contracts dropped by $1.90 (1.98%), to $94.29 per barrel.

The price of November futures for WTI crude oil on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:09 am decreased by $0.62 (0.69%) to $88.73 per barrel. Following the trading on 11 October , the value of those contracts decreased by $1.78 (1.95%) to $89.35 per barrel.


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