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Brent oil falls below $90 per barrel

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Brent oil falls below $90 per barrel

The price of a futures contract for Brent crude oil with December delivery fell below $90 per barrel on London’s ICE on Tuesday for the first time since October 4, 2022.

Axar.az reports that by 17:09 Moscow time, Brent reached $90.16 per barrel (-1.98%). At the same time, futures for WTI crude oil with December 2022 delivery are down 2.59% to $82.74 per barrel.

As of 17:19 Moscow time, Brent slightly slowed down the decline reaching $90.04 per barrel (-2.11%). Futures for WTI crude fell by 2.73% to $82.62 per barrel.

Date
2022.10.18 / 23:11
Author
Axar.az
See also

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Azeri light jumps over 110 dollars per barrel

Euro falls while ruble rises against manat

Oil prices surge on global markets

Azerbaijan boosts oil exports to Bulgaria in early 2026

Global oil prices continue to fall

Oil prices plunge after Iran opens Strait of Hormuz

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