Oil prices dip as Brent crude hovers at $81.33 per barrel

09:30 - 27.08.2024


August 27, Fineko/abc.az. Prices of benchmark oil grades are declining in trading on Tuesday after a jump of more than 3% in the previous session.

The price of Brent crude oil futures for October on the ICE Futures exchange fell by $0.10 (0.12%) to $81.33 per barrel by 09:24. In the trading session on August 26, the October Brent oil futures rose by $2.41 (3.05%) to close at $81.43 per barrel.

Meanwhile, the price of WTI oil futures for October on the NYMEX commodity exchange decreased by $0.19 (0.25%) to $77.23 per barrel by 09:24. In the previous trading session on August 26, the October WTI oil futures increased in price by $2.59 (3.46%) to settle at $77.42 per barrel.