Oil prices drop after rise


January 21, Fineko/abc.az. Prices for oil of standard grades decline in the Tuesday’s trading after their rising the day before.

At the end of the trading on Monday, March’s futures for Brent oil at the London ICE Futures Exchange rose in price by $0.35 (0.54%) up to $65.2 per barrel. Their price decreased by $0.36 (0.55%) up to $64.84 per barrel by 9:20 am.

The trading on Monday in WTI oil at the New York Mercantile Exchange (NYMEX) was not held in connection with the celebration of the Martin Luther Day in the U.S. WTI futures for February fell by $0.15 (0.26%) to $58.39 per barrel by 9:20 am.