Oil gets cheaper, and Brent is at $92.69 a barrel

12:50 - 25.10.2022


October 25, Fineko/abc.az. Prices for oil of benchmark grades are declining in Tuesday’s trading.

The price of December Brent crude futures at the London ICE Futures Exchange fell by $0.57 (0.61%) to $92.69 per barrel by 11:47 am. Following the trading on 24 October, those contracts decreased by $0.24 (0.26%), to $93.26 per barrel.

The price of December WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) by 11:47 am dropped by $0.47 (0.56%) to $84.11 per barrel. Following the trading on 24 October, the value of those contracts fell by $0.47 (0.55%) to $84.58 per barrel.