Oil price is stable, and Brent is at $77.48 a barrel

09:30 - 17.11.2023


November 17, Fineko/abc.az. Prices for oil of benchmark grades are stable in Friday’s trading after a serious drop the day before.

The price of January’s Brent crude futures at the London ICE Futures Exchange rose by $0.06 (0.08%) to $77.48 per barrel by 09:27 am. Following the trading on November 16, Brent crude futures for January declined in price by $3.76 (4.63%) to $77.42 per barrel.

The price of WTI crude oil futures for December on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:27 increased by $0.07 (0.10%) to $72.97 per barrel. Following the trading on November 16, the price of December’s WTI oil futures slumped by $3.76 (4.90%) to $72.90 per barrel.