Value of oil goes down, and Brent is at $78.22 a barrel

09:13 - 22.01.2024


January 22, Fineko/abc.az. Prices for oil of benchmark grades are declining in Monday’s trading.

The price of March’s Brent crude futures at the London ICE Futures exchange decreased by $0.34 (0.43%) to $78.22 per barrel by 09:08. Following the trading on January 19, Brent crude futures for March dropped by $0.54 (0.68%) to $78.56 per barrel.

The price of WTI oil futures for March on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:08 fell by $0.30 (0.41%) to $72.95 per barrel. Following the trading on January 19, the price of March’s WTI oil futures declined by $0.70 (0.95%) to $73.25 per barrel.

Over the past week, Brent crude oil rose by 0.34%, WTI oil - by 0.63%.