Oil rises after previous decline

12.09.2019,10:09


September 12, Fineko/abc.az. Oil prices during trading on Thursday recover after a significant fall on Wednesday.

As a result of trading on September 11 on the London ICE Futures exchange, the price of the November Brent crude futures fell $1.57 (2.5%) settling $ 60.81 per barrel. On Thursday, at 9:15, the November Brent futures rose $0.46 (0.76%) to $ 61.27 per barrel.

As a result of trading on September 11 at the New York Mercantile Exchange (NYMEX), October WTI oil futures fell $1.65 (2.87%) settling at $ 55.75 per barrel. On Thursday, at 9:15, the price of the October WTI oil futures grew by $ 0.50 (0.91%), to $56.25 per barrel.

The oil market is waiting for the outcome of the meeting of the OPEC + Ministerial Monitoring Committee, which will be held in Abu Dhabi today.