30.11.2022,09:36
November 30, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Wednesday’s trading.
The price of January Brent crude futures at the London ICE Futures Exchange grew by $0.87 (1.05%) up to $83.90 per barrel by 9:20 am. Following the trading on 29 November, Brent crude futures for January fell by $0.16 (0.19%) to $83.03 per barrel.
February Brent crude futures rose by $0.93 (1.1%) to $85.18 a barrel by 9:20 am. Following the trading on November 29, February Brent contracts grew $0.36 (0.43%) to $84.25 per barrel.
By 9:24 am, the price of WTI crude oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.89 (1.14%), to $79.09 per barrel. Following the trading on 29 November, the price of January WTI oil futures increased by $0.96 (1.24%) to $78.20 per barrel.
Two important events took place in December from angle of energy security. Azerbaijan and Romania signed an agreement on gas supplies. Gas supply will start soon. Thus, Romania joins the group of countries of the Southern Gas Corridor.
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