Oil grows in price, and Brent is at $96.80 a barrel

09:30 - 22.02.2022


February 22, Fineko/abc.az. Benchmark oil prices are rising in Tuesday's trading.

By 9:09 am, at the London ICE Futures Exchange the April’s Brent crude futures rose by $1.41 (1.48%) up to $96.80 per barrel. Following the trading on 21 February, the price of Brent crude futures for April grew by $1.85 (1.98%) up to $95.39 per barrel.

By 9:06 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for March rose in price by $2.79 (3.06%) up to $93.86 per barrel. On Monday, WTI trading was not held due to a holiday in the U.S. The March contracts for WTI expire at the close of trading on Tuesday.