Oil price goes up, and Brent is at $80.48 a barrel

09:30 - 16.11.2023


November 16, Fineko/abc.az. Prices for oil of benchmark grades continue falling in Thursday’s trading after a drop the day before.

The price of January’s Brent crude futures at the London ICE Futures Exchange by 09:28 decreased by $0.70 (0.86%) to $80.48 per barrel. Following the trading on November 15, Brent crude futures for January fell by $1.29 (1.56%) to $81.18 per barrel.

The price of WTI crude oil futures for December on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:28 decreased by $0.54 (0.70%) to $76.12 per barrel. Following the trading on November 15, the price of December’s WTI oil futures declined by $1.60 (2.04%) to $76.66 per barrel.