Oil changes in different directions, and Brent is at $93.33 a barrel

09:35 - 21.02.2022


February 21, Fineko/abc.az. Prices for oil of standard grades are moving in different directions in Monday’s trading.

By 9:17 am, at the London ICE Futures Exchange the April’s Brent crude futures fell by $0.21 (0.22%) to $93.33 per barrel. Following the trading on 18 February, the price of Brent crude futures for April grew by $0.57 (0.61%) up to $93.54 per barrel.

By 9:15 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for March rose in price by $0.06 (0.07%) up to $91.13 per barrel. Following the trading on 18 February, the price of March’s WTI oil futures fell by $0.69 (0.75%) to $91.07 a barrel.

Brent crude and WTI crude ended last week in the red for the first time since the beginning of 2022. Over the past week, Brent fell by 0.95% and WTI by 2.18%.