Oil price rises, and Brent is at $87.77 a barrel

09:53 - 25.10.2023


October 25, Fineko/abc.az. Prices for oil of benchmark grades are declining in Wednesday’s trading.

The price of December’s Brent crude futures at the London ICE Futures Exchange by 09:50 am decreased by $0.30 (0.34%) up to $87.77 a barrel. Following the trading on October 24, Brent crude futures for December fell in price by $1.76 (1.96%) to $88.07 per barrel.

The price of WTI crude oil futures for December on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:50 am fell by $0.33 (0.39%) to $83.41 per barrel. Following the trading on October 24, the price of December’s WTI oil futures slumped by $1.75 (2.05%) to $83.74 per barrel.