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Oil rises in price, and Brent is at $51.10 a barrel

29.12.2020,11:10


December 29, Fineko/abc.az. Prices for oil of standard grades are increasing in Tuesday’s trading.

By 9:21 am, at the London ICE Futures Exchange the price of February’s Brent crude futures rose by $0.24 (0.47%) up to $51.10 per barrel. At the end of trading on 28 December the Brent futures for February fell in price by $0.43 (0.84%) to $50.86 per barrel.

By 9:24 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for February grew in price by $0.25 (0.52%) to $47.87 per barrel. At the end of trading on 28 December the WTI oil futures for February decreased by $0.61 (1.27%) to $47.62 per barrel.