Oil rises in price, and Brent is at $79.97 a barrel

09:22 - 20.12.2022


December 20, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Tuesday’s trading.

The cost of February Brent crude futures on the London ICE Futures Exchange grew by $0.17 (0.21%) to $79.97 per barrel by 09:10 am. Following the trading on 19 December, Brent crude futures for February rose by $0.76 (0.96%) up to $79.80 per barrel.

By 09:10 am, the price of WTI crude oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.24 (0.32%) up to $75.43 per barrel. Following the trading on 19 December, the price of January futures for WTI oil grew by $0.90 (1.21%) up to $75.19 per barrel.