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Oil falls in cost, and Brent is at $85.86 a barrel

26.10.2021,11:10


October 26, Fineko/abc.az. Prices for oil of standard grades are decreasing in Tuesday’s trading.

By 11:02 am, at the London ICE Futures Exchange the December’s Brent crude futures fell by $0.13 (0.15%) to $85.86 per barrel. Following the trading on 25 October, Brent crude futures for December increased in price by $0.46 (0.54%) up to $85.99 per barrel.

By 11:02 am, at the New York Mercantile Exchange (NYMEX) the WTI crude futures for December fell in price by $0.23 (0.27%) to $83.53 per barrel. Following the trading on 25 October, the price of December’s WTI oil futures did not change compared with the previous session and amounted to $83.76 per barrel. During yesterday's trading the price of WTI oil rose above $85 per barrel, which was the first time since October 2014.