Oil prices grow after decline the day before

10:08 - 15.04.2020


April 15, Fineko/abc.az. Prices for oil of standard grades increase on Wednesday after falling to the lowest in the last two weeks following the results of the previous trading.

By 9:30 am at the London ICE Futures Exchange the Brent crude futures for June rose in price by $0.16 (0.54%) up to $29.76 per barrel.

Following the trading on 14 April at the ICE Futures Exchange the price for June’s Brent crude futures fell by $2.14 (6.74%) to $29.60 per barrel - the lowest level since 1 April.

By 9:30 am at the New York Mercantile Exchange (NYMEX) the WTI futures for May rose by $0.33 (1.64%) up to $20.44 per barrel.

At the end of trading on 14 April at the NYMEX Exchange the price of the May’s WTI oil futures fell to the lowest since 30 March by $2.30 (10.26%) to $20.11 per barrel.

 

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