Value of oil drops, and Brent is at $81.05 a barrel

09:55 - 16.12.2022


December 16, Fineko/abc.az. Prices for oil of benchmark grades are falling in Friday’s trading after decline at the end of the previous session.

The price of February Brent crude futures on the London ICE Futures exchange dropped by $0.16 (0.20%) to $81.05 per barrel by 09:44 am.

Following the trading on 15 December, Brent crude futures for February fell by $1.49 (1.80%), to $81.21 per barrel.

By 09:44 am, the price of WTI crude oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) decreased by $0.20 (0.26%), to $75.91 per barrel. Following the trading on 15 December, the price of January futures for WTI oil fell by $1.17 (1.51%), to $76.11 per barrel.

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