09:50 - 16.10.2024

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October 16, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday’ trading after a 4% drop in the previous session.

The price of Brent crude futures for December on the ICE Futures exchange increased by $0.27 (0.36%) to $74.52 per barrel by 09:45. Following the trading on October 15, December’s Brent crude futures fell in price by $3.21 (4.14%) to $74.25 per barrel.

The price of November’s WTI oil futures on the NYMEX commodity exchange rose by $0.28 (0.40%) to $70.86 per barrel by 09:45. Following the trading on October 15, WTI oil futures for November slumped in price by $3.25 (4.40%) to $70.58 per barrel.