Oil keeps on falling in price, and Brent is at $84.16 a barrel

09:06 - 31.01.2023


January 31, Fineko/abc.az. Prices for oil of benchmark grades continue dropping in Tuesday’s trading after decline of over 2% at the end of the last session.

The price of April Brent crude futures at the London ICE Futures Exchange decreased by $0.34 (0.40%) to $84.16 per barrel by 09:05 am. Following the trading on 30 January, Brent crude futures for April fell by $1.90 (2.20%) to $84.50 per barrel.

By 09:05 am, the price of WTI oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) fell by $0.34 (0.44%), to $77.56 per barrel. Following the trading on 30 January, the price of March WTI oil futures declined by $1.78 (2.23%) to $77.90 per barrel.

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