Oil price goes up, Brent - $59.69 a barrel

09:32 - 17.12.2025


December 17, Fineko/abc.az. Prices for oil of benchmark grades are steadily rising in Wednesday’s trading after a drop of 2.7% the day before.

The price of Brent crude futures for February at the ICE Futures exchange increased by $0.77 (1.31%) up to $59.69 per barrel by 09:29. Following the trading on December 16, February’s Brent crude futures collapsed in price by $1.64 (2.71%), to $58.92 per barrel.

The price of January’s WTI crude oil futures at the NYMEX commodity exchange rose by $0.79 (1.43%) to $55.92 per barrel by 09:29. Following the trading on December 16, WTI oil futures for January fell in price by $1.55 (2.73%), to $55.27 per barrel.