Value of oil falls, and Brent is at $93.21 a barrel

08:51 - 16.11.2022

November 16, Fineko/abc.az. Prices for oil of benchmark grades are declining in Wednesday’s trading after rising at the end of the last session.

The price of January Brent crude futures at the London ICE Futures exchange dropped by $0.65 (0.69%) to $93.21 per barrel by 08:36 am. Following the trading on 15 November, those contracts rose by $0.72 (0.77%) to $93.86 per barrel.

The price of December WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) by 08:36 am decreased by $0.75 (0.86%) to $86.17 per barrel. Following the trading on 15 November, the value of those contracts increased by $1.05 (1.22%) to $86.92 per barrel.

 

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