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Worldwide Oil Costs Rise After Recent Drop

by Krystal

The cost of Brent crude oil for delivery in 2024 climbed by 0.8% to $74.28 per barrel on the ICE London Intercontinental Exchange, according to Azernews.

In New York, the West Texas Intermediate (WTI) oil price for November deliveries also saw a 0.85% increase, hitting $71.60 per barrel on the NYMEX commodity exchange.

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It’s important to remember that the Brent oil price had fallen by 0.52% in the previous session, closing at $74.49 per barrel.

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