Oil drops in cost, and Brent is at $91.78 a barrel

08:37 - 17.11.2022

November 17, Fineko/abc.az. Prices for oil benchmark grades are falling in Thursday’s trading after decline in the previous session.

The price of January Brent crude futures on the London ICE Futures exchange dropped by $1.08 (1.16%) to $91.78 per barrel by 08:26 am. Following the trading on 16 November, those contracts declined by $1.00 (1.07%) to $92.86 per barrel.

The price of December WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) by 08:26 am decreased by $1.17 (1.37%) to $84.42 per barrel. Following the trading on 16 November, the price of these contracts fell by $1.33 (1.53%) to $85.59 per barrel.

 

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