Cost of oil falls, and Brent is at $110.74 a barrel

09:20 - 29.03.2022


March 29, Fineko/abc.az. Prices for oil of benchmark grades are declining in Tuesday’s trading after falling more than by 6% the day before.

By 9:06 am, at the London ICE Futures Exchange the May’s Brent crude futures fell by $1.74 (1.55%) to $110.74 per barrel. Following the trading on 28 March, the price of Brent crude futures for May decreased by $8.17 (6.77%) to $112.48 per barrel.

By 9:06 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for May declined in price by $1.48 (1.40%) to $104.48 per barrel. Following the trading on 28 March, the price of May WTI oil futures decreased by $7.94 (6.97%) to $105.96 per barrel.