Cost of oil drops, and Brent is at $81.11 a barrel

09:15 - 10.03.2023


March 10, Fineko/abc.az. Prices for oil of benchmark grades continue falling in Friday’s trading after the decline the day before.

The price of May Brent crude futures on the London ICE Futures exchange by 08:57 decreased by $0.48 (0.59%) to $81.11 per barrel. Following the trading on 9 March, Brent crude futures for May fell by $1.07 (1.30%) to $81.59 per barrel.

By 08:57, the price of WTI oil futures for April on the electronic trading of the New York Mercantile Exchange (NYMEX) declined by $0.61 (0.81%), to $75.11 per barrel. Following the trading on 9 March, the price of April WTI oil futures dropped by $0.94 (1.23%) to $75.72 per barrel.