330x110
 

Oil becomes cheaper, Brent is at $25.95 a barrel

04.05.2020,11:45


May 4, Fineko/abc.az. Oil prices have declined on Monday on the news of the resumption of the U.S.-China trade war.

By 10 am, at the London ICE Futures Exchange the Brent crude futures for July fell in price by $0.49 (1.85%) to $25.95 per barrel.

At the end of trading on 1 May at the ICE Futures Exchange July’s futures fell by $0.04 (0.15%) to $26.44 per barrel.

By 10 am, at the New York Mercantile Exchange (NYMEX) the WTI futures for June decreased in price by $1.37 (6.93%) to $18.41 per barrel.

At the end of trading on 1 May at the NYMEX June’s WTI oil futures rose by $0.94 (5%) up to $19.78 per barrel.