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Oil keeps on rising in price, and Brent is at $48.23 a barrel

25.11.2020,11:42


November 25, Fineko/abc.az. Oil prices are growing in Wednesday’s trading after a jump following the previous trading.

MarketWatch reports that Brent and WTI oil grades finished Tuesday’s trading at the highest level since 5 March.

By 9:30 am, at the London ICE Futures Exchange the price of January Brent crude futures rose by $0.37 (0.77%) up to $48.23 per barrel. At the end of trading on 24 November the Brent futures for January soared in price by $1.80 (3.9%) up to $47.86 per barrel.

By 9:30 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for January rose in price by $0.29 (0.65%) to $45.20 per barrel. At the end of trading on 24 November the January WTI futures increased by $1.85 (4.3%) up to $44.91.