11:48 - 18.11.2020

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November 18, Fineko/abc.az. The benchmark oil prices are changing in different directions in Wednesday’s trading after the OPEC+ countries postponed by two weeks the adoption of recommendations on the oil production increase by 2 million b/d from January.

By 9:35 am, at the London ICE Futures Exchange, the price of January Brent crude futures remained at the level of $43.75 per barrel. At the end of trading on 17 November the Brent futures for January fell in price by $0.07 (0.16%) to $43.75 per barrel.

By 9:35 am, at the New York Mercantile Exchange (NYMEX) the WTI crude futures for December reduced by $0.12 (0.29%) to $41.31 per barrel. At the end of trading on 17 November the December WTI futures rose by $0.09 (0.22%) up to $41.43.