09:25 - 14.03.2022

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March 14, Fineko/abc.az. Prices for oil of standard grades are declining in Monday’s trading.

By 9:11 am, at the London ICE Futures Exchange the May’s Brent crude futures fell by $2.18 (1.93%) to $110.49 per barrel. Following the trading on 11 March, the price of Brent crude futures for May increased by $3.34 (3.06%) up to $112.67 per barrel.

By 9:11 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for April fell in price by $2.65 (2.42%) to $106.68 per barrel. Following the trading on 11 March, the price of April’s WTI oil futures rose by $3.31 (3.12%) up to $109.33 per barrel.

At the end of last week, Brent crude oil fell by 5% and WTI by 6%.