Oil gets cheaper, and Brent is at $83.87 a barrel

09:40 - 19 January 2023

January 19, Fineko/abc.az. Prices for oil of benchmark grades are declining in Thursday’s trading.

The price of March Brent crude futures at the London ICE Futures Exchange by 09:35 am decreased by $1.11 (1.31%) to $83.87 per barrel. Following the trading on 18 January, Brent crude futures for March fell by $0.94 (1.09%) to $84.98 per barrel.

By 09:35 am, the price of WTI oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) dropped by $1.22 (1.53%), to $78.58 per barrel. Following the trading on 18 January, the price of March WTI oil futures declined by $0.65 (0.81%) to $79.80 per barrel.