Oil continues to fall in price, Brent - $80.66 a barrel

09:40 - 1.12.2023


December 1, Fineko/abc.az. Prices for oil of benchmark grades are declining in Friday’s trading after a sharp drop following the session on Thursday.

The price of February’s Brent crude futures at the London ICE Futures exchange fell by $0.20 (0.25%) to $80.66 per barrel by 09:35. Following the trading on November 30, Brent crude futures for February declined in price by $2.02 (2.44%) to $80.86 per barrel.

The price of WTI oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) dropped by $0.04 (0.05%) to $75.92 per barrel by 09:35. Following the trading on November 30, the price of January’s WTI oil futures fell by $1.90 (2.44%) to $75.96 per barrel.