Oil keeps on falling in price

11:16 - 18.06.2020

June 18, Fineko/abc.az. Prices for oil of standard grades continue to decline.

By 9:05 am, at the London ICE Futures Exchange the Brent crude futures for August fell by $0.20 (0.49%) to $40.51 a barrel. At the end of trading on 17 June the price of Brent oil contracts for August fell by $0.25 (0.61%) to $40.71 per barrel.

By 9:05 am, at the New York Mercantile exchange (NYMEX) the WTI futures for July fell in price by $0.34 (0.90%) to $37.62 a barrel. Following the trading on 17 June the July’s WTI oil futures fell by $0.42 (1.09%) to $37.96 per barrel.

 

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