Oil keeps on falling in price, and Brent is at $82.85 a barrel

08:50 - 22.02.2023

February 22, Fineko/abc.az. Prices for oil of benchmark grades continue to decline in Wednesday’s trading after falling following the previous session.

The price of April Brent crude futures on the London ICE Futures Exchange dropped by $0.20 (0.24%) to $82.85 per barrel by 08:45 am. Following the trading on 21 February, Brent crude futures for April declined by $1.02 (1.21%) to $83.05 per barrel.

By 08:45 am, the price of WTI oil futures for April on the electronic trading of the New York Mercantile Exchange (NYMEX) fell by $0.19 (0.25%), to $76.17 per barrel. Following the trading on 21 February, the price of April WTI oil futures decreased by $1.12 (1.45%) to $76.36 per barrel.