Oil gets cheaper, and Brent is at $108.53 a barrel

09:50 - 11.03.2022


March 11, Fineko/abc.az. Prices for oil of benchmark grades are falling in Friday’s trading, after decline the day before.

By 9:37 am, at the London ICE Futures Exchange the May’s Brent crude futures fell by $0.80 (0.73%) to $108.53 per barrel. Following the trading on 10 March, the price of Brent crude futures for May fell by $1.81 (1.63%) to $109.33 per barrel.

By 9:36 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for April dropped in price by $0.29 (0.27%) to $105.73 per barrel. Following the trading on 10 March, the price of April’s WTI oil futures decreased by $2.68 (2.47%) to $106.02 per barrel.