Oil gets cheaper, and Brent is at $86.11 a barrel

09:12 - 30.01.2023


January 30, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading.

The price of April Brent crude futures on the London ICE Futures Exchange decreased by $0.29 (0.34%) to $86.11 per barrel by 09:10 am. Following the trading on 26 January, Brent crude futures for April fell by $0.88 (1.01%) to $86.40 per barrel.

By 09:10 am, the price of WTI oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) dropped by $0.29 (0.36%) to $79.39 per barrel. Following the trading on 26 January, the price of March WTI oil futures decreased by $1.33 (1.64%) to $79.68 per barrel.

Following the past week, Brent crude oil fell by 1.11% and WTI by 2.40%.

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