Brent crude oil price stabilizes at $72.06 per barrel
06.12.2024 11:01
Oil prices stabilized during Friday trading following yesterday's OPEC+ ministerial meeting, which decided to further postpone production increases.
According to the information, citing Interfax, the price of February Brent crude futures on London's ICE Futures exchange was $72.06 per barrel.
This is $0.03 (0.04%) lower than the previous trading session's close.
WTI crude futures for January on the New York Mercantile Exchange (NYMEX) electronic trading increased by $0.01 (0.01%) to $68.31 per barrel.
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According to the information, citing Interfax, the price of February Brent crude futures on London's ICE Futures exchange was $72.06 per barrel.
This is $0.03 (0.04%) lower than the previous trading session's close.
WTI crude futures for January on the New York Mercantile Exchange (NYMEX) electronic trading increased by $0.01 (0.01%) to $68.31 per barrel.
OPEC+ countries yesterday decided to extend voluntary oil production cuts of 2.2 million barrels per day until April 2025. The compensation period for under-reduced oil production volumes for debtor countries in OPEC+ has been extended until the end of June 2026. The debtor countries include Iraq, Kazakhstan, and Russia.
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