Oil prices continue rising, and Brent is traded at $33.59 a barrel

11:24 - 18.05.2020


May 18, Fineko/abc.az. Oil prices are rising in Monday’s trading after rising at the end of last week.

By 9 am at the London ICE Futures Exchange the price of Brent oil futures for July increased by $1.09 (3.35%) up to $33.59 per barrel.

At the end of trading on 15 May at the ICE Futures Exchange the price for July’s futures grew by $0.74 (2.4%) up to $31.87 per barrel.

By 9 am at the New York Mercantile Exchange (NYMEX) the WTI futures for June rose in price by $1.33 (4.52%) up to $30.76 per barrel.

Following the trading on 15 May at the NYMEX the June’s WTI oil futures rose by $0.55 (2%) up to $28.11 per barrel.

 

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