Oil finishes the week with lower prices

11:27 - 10.01.2020

January 10, Fineko/abc.az. Oil prices observe falling in today's trading and may end the week with a decline.

Following the trading on 9 January, March’s futures for Brent oil at the London ICE Futures Exchange decreased in price by $0.07 (0.11%) to $65.37 per barrel. Their cost decreased by $0.22 (0.34%) to $65.15 per barrel by 9:25 am.

Following the trading on 9 January at the New York Mercantile Exchange (NYMEX), the price of the February’s WTI futures fell by $0.05 (0.08%) to $59.56 per barrel. Futures decreased by $0.20 (0.34%) to $59.36 per barrel by 9:25 am.

Since the beginning of this week Brent oil has fallen by about 5% and WTI almost by 6%.

 

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