Oil rises in cost, and Brent is at $89.50 a barrel

09:35 - 2.02.2022


February 2, Fineko/abc.az. Prices for oil of standard grades are increasing in Wednesday’s trading.

By 9:16 am, at the London ICE Futures Exchange the April’s Brent crude futures grew by $0.34 (0.38%) up to $89.50 per barrel. Following the trading on 1 February, the price of Brent crude futures for April declined by $0.10 (0.11%) to $89.16 per barrel.

By 9:18 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for March rose in price by $0.32 (0.36%) up to $88.52 per barrel. Following the trading on 1 February, the price of March’s WTI oil futures grew by $0.05 (0.06%) up to $88.20 per barrel.