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Oil prices rise after falling the day before, Brent is at $29.7 per barrel

12.05.2020,12:00


May 12, Fineko/abc.az. Oil prices are rising slightly in Tuesday’s trading after falling at the end of the previous session.

By 9:10 am, at the London ICE Futures Exchange, the Brent crude futures for July rose by $0.14 (0.47%) up to $29.77 per barrel.

Following the trading on 11 May at the ICE Futures Exchange the July’s futures fell by $1.34 (4.33%) to $29.63 per barrel.

By 9:10 am, at the New York Mercantile Exchange (NYMEX) the WTI futures for June grew by $0.27 (1.12%) up to $24.41 per barrel.

At the end of trading on 11 May 11 at NYMEX the June’s WTI oil futures fell in price by $0.60 (2.43%) to $24.14 per barrel.