Cost of oil rises, and Brent is at $75.19 a barrel

10:23 - 17.03.2023


March 17, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Friday’s trading.

The price of May Brent crude futures on the London ICE Futures Exchange grew by $0.49 (0.66%) to $75.19 per barrel by 10:20 am. Following the trading on 16 March, Brent crude futures for May rose by $1.01 (1.37%) to $74.70 per barrel.

By 10:20 am, the price of WTI crude oil futures for April on the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.46 (0.67%) to $68.81 per barrel. Following the trading on 16 March, the price of April WTI oil futures rose by $0.74 (1.10%) to $68.35 per barrel.

 

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