Cost of oil grows, and Brent is at $89.88 a barrel

09:40 - 28.01.2022

January 28, Fineko/abc.az. Prices for oil are increasing in Friday’s trading after falling at the end of the previous session.

By 9:27 am, at the London ICE Futures Exchange the March’s Brent crude futures rose by $0.54 (0.60%) up to $89.88 per barrel. Following the trading on 27 January, the price of Brent crude futures for March decreased by $0.62 (0.69%) to $89.34 per barrel.

By 9:27 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for March grew in price by $0.65 (0.75%) up to $87.26 per barrel. Following the trading on 27 January, the price of March’s WTI oil futures fell by $0.74 (0.85%) to $86.61 per barrel.

 


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