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Oil cheapens, and Brent is at $42.76 a barrel

16.10.2020,11:39


October 16, Fineko/abc.az. Benchmark oil prices are falling in Friday’s trading.

By 9:16 am, at the London ICE Futures Exchange the Brent crude futures for December fell in price by $0.40 (0.93%) to $42.76 per barrel. At the end of trading on 15 October the price of Brent crude futures for December fell by $0.16 (0.37%) to $43.16 per barrel.

By 9:16 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for November fell in price by $0.36 (0.88%) to $40.60 per barrel. At the end of trading on 15 October 15 the November’s WTI futures fell by $0.08 (0.19%) to $40.96.