Oil prices move in different directions, and Brent is at $55.57 a barrel

11:41 - 29.01.2021


January 29, Fineko/abc.az. Prices for oil of standard grades are changing in different directions in Friday’s trading.

By 9:15 am, in the trading at the London ICE Futures Exchange the price of March’s Brent crude oil futures rose by $0.04 (0.07%) up to $55.57 a barrel. At the end of trading on 28 January the Brent futures for March fell in price by $0.28 (0.5%) to $55.53 per barrel.

The March’s contracts expire after the closing of today's trading. April’s Brent futures increased by $0.07 (0.13%) up to $55.17 per barrel.

By 9:20 am, at the New York Mercantile Exchange (NYMEX), March’s WTI oil futures decreased in price by $0.07 (0.13%) to $52.27 per barrel. At the end of trading on 28 January the WTI futures for March fell by $0.51 (0.97%) to $52.34 per barrel.

 

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