Oil price goes up, and Brent is at $76.35 a barrel

09:15 - 11.12.2023


December 11, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Monday's trading.

The price of February’s Brent crude futures at the London ICE Futures Exchange rose by $0.51 (0.67%) to $76.35 per barrel by 09:09. Following the trading on December 8, Brent crude futures for February grew by $1.79 (2.42%) to $75.84 per barrel.

The price of WTI oil futures for January on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.42 (0.59%) to $71.65 per barrel by 09:09. Following the trading on December 8, the price of January’s WTI oil futures rose by $1.89 (2.73%) to $71.23 per barrel.

Following the past week, Brent crude oil fell by 3.85% and WTI by 3.83%.