Baku 25˚C Partly sunny

The price of oil has increased

Business 12:37 06 Jan, 2023
The price of oil has increased

The price of oil has increased
Oil rose on the background of the publication of data on energy resource reserves in the United States.

Qazet.az reports with reference to "Interfax" that these data show that gasoline and distillate stocks in the USA decreased last week.

As a result, the March futures price of "Brent" oil on the "ICE Futures" exchange of London increased by $0.81 (1.03%) and amounted to $79.50 per barrel.

On the New York Mercantile Exchange (NYMEX), WTI oil February futures rose by $0.79 (1.07%) to $74.46 per barrel.