Oil gets more expensive, Brent is traded at $27 a barrel

11:31 - 1.05.2020

May 1, Fineko/abc.az. Prices for oil of standard grades are rising in trading on Friday, after a jump the day before.

By 9 am, at the London ICE Futures Exchange the Brent crude futures for July rose in price by $0.57 (2.15%) to $27.05 per barrel.

At the end of trading on 30 April at the ICE Futures Exchange July’s Brent crude futures rose by $2.25 (9.29%) to $26.48 per barrel.

By 9 am, at the New York Mercantile Exchange (NYMEX) the price of WTI futures for June increased by $0.73 (3.87%) to $19.57 per barrel.

Following the trading on 30 April at the NYMEX June’s WTI oil futures rose in price by $3.78 (25.01%) to $18.84 per barrel.

 

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