Oil price rises, and Brent is at $85.88 a barrel

09:35 - 16.02.2023


February 16, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Thursday's trading.

The price of April Brent crude futures on the London ICE Futures exchange grew by $0.50 (0.59%) to $85.88 per barrel by 09:31 am. Following the trading on 15 February, Brent crude futures for April fell by $0.20 (0.23%) to $85.38 per barrel.

By 09:31 am, the price of WTI crude oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.60 (0.76%) to $78.34 per barrel. Following the trading on 15 February, the price of March WTI oil futures decreased by $0.47 (0.60%) to $78.59 per barrel.