Cost of oil increases, and Brent is at $83.68 a barrel

09:25 - 27.07.2023


July 27, Fineko/abc.az. Prices for oil of benchmark grades are growing in Thursday’s trading after a decline in the previous session.

The price of September Brent crude futures at the London ICE Futures Exchange increased by $0.76 (0.92%) up to $83.68 per barrel by 09:20 am. Following the trading on July 26, Brent crude futures for September fell by $0.72 (0.86%) to $82.92 per barrel.

The price of WTI oil futures for September on the electronic trading of the New York Mercantile Exchange (NYMEX) grew by $0.80 (1.02%) up to $79.58 per barrel by 09:20 am. Following the trading on July 26, the price of the September WTI oil futures dropped by $0.85 (1.07%) to $78.78 per barrel.