Oil price goes up, but ends the week with significant decline

09:28 - 6.11.2026


November 6, Fineko/abc.az. Prices for oil of benchmark grades kept on rising in Friday’s trading after growth following the previous trading session, but remained significantly down by the end of the week.

As of 09:23, January Brent crude futures at the ICE Futures exchange rose by $1.21 (1.23%) up to $99.50 per barrel. Following the trading on November 5, the value of those contracts increased by $3.67 (3.88%) up to $98.29 per barrel.

On the New York Mercantile Exchange (NYMEX), December futures for WTI crude oil grew by $0.77 (0.85%) up to $91.29 per barrel by 09:23. Following the trading on November 5, the value of those contracts observed growth by $2.40 (2.72%) up to $90.52 per barrel.

Following the current week, both brands have fallen in price by more than 12%.