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Oil prices recovering after Friday decline
Energy
- 17 October, 2022
- 05:53
The global oil prices recovered on Monday morning after an over 3% drop during the Friday trading, according to Report.
December futures for Brent oil increased by 0.83% to $92.39 per barrel and December futures for WTI rose 0.77% to $85.3.
On Monday morning, investors are compensating for the previous trading, during which the cost of Brent dropped by 3.1% and WTI fell by 4.3% to a level below $85 per barrel for the first time since October 4.
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