Oil gets cheaper, and Brent is at $92.55 a barrel

09:51 - 24.10.2022


October 24, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading.

The price of December Brent crude futures at the London ICE Futures exchange fell by $0.95 (1.02%) to $92.55 per barrel by 09:37 am. Following the trading on 21 October, those contracts rose by $1.12 (1.21%) to $93.50 per barrel.

The price of December WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:37 am fell by $0.90 (1.06%) to $84.15 per barrel. Following the trading on 21 October, the value of those contracts increased by $0.54 (0.64%) to $85.05 per barrel.

Following the past week, Brent crude oil rose by 2% and WTI oil by 0.5%.


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