08:51 - 4.11.2022

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November 4, Fineko/abc.az. Prices for oil of benchmark grades are increasing at morning trading on Friday.

The price of January Brent crude futures at the London ICE Futures Exchange rose by $0.89 (0.94%) up to $95.56 per barrel by 08:45 am. Following the trading on 3 November, those contracts fell by $1.49 (1.55%), to $94.67 per barrel.

The price of December WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.92 (1.04%) to $89.09 per barrel by 08:45 am. Following the trading on 3 November, the value of those contracts fell by $1.83 (2.03%) to $88.17 per barrel.

Both grades have already risen by 2.96% this week.