Oil cost grows, and Brent is at $91.02 a barrel

09:25 - 31.01.2022

January 31, Fineko/abc.az. Prices for oil of standard grades are increasing in Monday's trading.

By 9:06 am, at the London ICE Futures Exchange the March’s Brent crude futures rose by $0.99 (1.10%) up to $91.02 per barrel. Following the trading on 28 January, the price of Brent crude futures for March rose by $0.69 (0.77%) up to $90.03 per barrel.

By 9:14 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for March grew in price by $0.94 (1.08%) up to $87.76 per barrel. Following the trading on 28 January, the price of March’s WTI oil futures grew by $0.21 (0.24%) up to $86.82 per barrel.

Following the past week, crude oil Brent increased by 2.44%, and WTI oil by 1.97%.