During trading on the ICE London Intercontinental Exchange, the price of the February 2025 Brent oil export contract decreased by 0.07% to $73.86 per barrel, APA-Economics reports.
The price of a barrel of WTI (“West Texas Intermediate”) oil for export in January this year on the NYMEX Commodity Exchange in New York also decreased by 0.71% to $70.21 per barrel.