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Oil Prices Down - 16-12-22

armenpress.am12/17th/2022, 7:54

Oil Prices Down - 16-12-22

Oil prices for 16 December:

WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 1.68% to $74.50 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange down by 2.31% to $79.04 per barrel, “Armenpress” reports.

Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter.

New York’s NYMEХ (New York Mercantile Exchange) is a US futures market founded in 1882. It ranks first in oil futures trade. Currently trade is carried out by the exchange’s two divisions, the NYME...

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