Oil price goes down, Brent - $70.85 a barrel

09:20 - 5.03.2025


March 5, Fineko/abc.az. Oil prices of benchmark grades keep on declining in Wednesday's trading.

The price of Brent crude oil futures for May on the ICE Futures exchange dropped by $0.19 (0.27%) to $70.85 per barrel by 09:16. Following the trading on March 4, May’s Brent crude futures fell by $0.58 (0.81%) to $71.04 per barrel.

The price of April’s WTI crude oil futures on the NYMEX commodity exchange decreased by $0.54 (0.79%) to $67.72 per barrel by 09:16. Following the trading on March 4, WTI oil futures for April fell in price by $0.11 (0.16%), to $68.26 per barrel.