Brent Crude Oil Price Below $88 Per Barrel First Since Septe...| MENAFN.COM

Saturday, 01 October 2022 03:45 GMT

Brent Crude Oil Price Below $88 Per Barrel First Since September 8


(MENAFN- Trend News Agency)

The price of futures contracts of Brent crude oil for November 2022 delivery decreased below $88 per barrel on London's ICE on Friday for the first time since September 8, 2022, according to trading data, Trend reports with reference to TASS .

As of 2:35 pm Moscow time the Brent price extended losses to -2.92% trading at $87.69 per barrel compared with $87.8 per barrel (-2.8%) as of 1:45 pm.

Meanwhile the price of WTI oil was down by 3.54% at $80.68 per barrel.

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