Cost of oil drops, and Brent is at $84.80 a barrel

09:40 - 15.02.2023


February 15, Fineko/abc.az. Prices for oil of benchmark grades are decreasing in Wednesday’s trading.

The price of April Brent crude futures on the London ICE Futures exchange by 09:35 am dropped by $0.78 (0.91%) to $84.80 per barrel. Following the trading on 14 February, Brent crude futures for April fell by $1.03 (1.19%) to $85.58 per barrel.

By 09:35 am, the price of WTI oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) declined by $0.72 (0.91%), to $78.34 per barrel. Following the trading on 14 February, the price of March WTI oil futures fell by $1.08 (1.35%) to $79.06 per barrel.