Price of oil goes up, and Brent is at $83.73 a barrel

09:05 - 8.02.2023


February 8, Fineko/abc.az. Prices of oil of benchmark grades are rising in Wednesday’s trading after a sharp rise the day before.

The price of April Brent crude futures on the London ICE Futures Exchange increased by $0.04 (0.05%) up to $83.73 per barrel by 09:05 am. Following the trading on 7 February, Brent crude futures for April rose by $2.70 (3.33%) to $83.69 per barrel.

By 09:05 am, the price of WTI crude oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) grew by $0.17 (0.22%) up to $77.31 per barrel. Following the trading on 7 February, the price of March WTI oil futures jumped by $3.03 (4.09%) up to $77.14 per barrel.

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