09:30 - 4.12.2023

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December 4, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading.

The price of February’s Brent crude futures at the London ICE Futures Exchange fell by $0.53 (0.67%) to $78.35 per barrel by 09:23. Following the trading on December 1, Brent crude futures for February declined by $1.98 (2.45%) to $78.88 per barrel.

The price of WTI oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) decreased by $0.47 (0.63%) to $73.60 per barrel by 09:23. Following the trading on December 1, the price of January’s WTI oil futures dropped by $1.89 (2.49%) to $74.07 per barrel.

Following the past week, Brent crude oil fell by 1.99% and WTI by 1.95%.