Oil price grows, and Brent is at $90.40 a barrel

09:30 - 19.10.2022


October 19, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday's trading after falling to lows in more than 2 weeks.

The price of December Brent crude futures at the London ICE Futures exchange increased by $0.37 (0.41%) up to $90.40 per barrel by 09:22 am. Following the trading on 18 October, those contracts fell by $1.59 (1.74%) to $90.03 per barrel.

The price of November futures for WTI crude oil on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.78 (0.94%) up to $83.60 per barrel by 09:22 am. Following the trading on 18 October, the value of those contracts fell by $2.64 (3.09%) to $82.82 per barrel.


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