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Oil prices recover, crude oil Brent rises up to $23

31.03.2020,11:18


March 31, Fineko/abc.az. Benchmark oil prices are rising on Tuesday after their falling to 18-year lows the day before.

At the end of trading on 30 March at the London ICE Futures Exchange May’s futures for Brent oil fell in price by $2.17 (8.7%) to $22.76 per barrel.

By 9:50 am, Brent futures for May increased by $0.29 (1.27%) up to $23.05 per barrel.

Following the trading on 30 March at the New York Mercantile Exchange (NYMEX), May’s WTI oil futures fell in price by $1.42 (6.6%) to $20.09 per barrel.

By 9:50 am, WTI futures for May grew by $1.19 (5.92%) up to $21.28 per barrel.