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Oil price rises after decline the day before, Brent is at $29.4 a barrel

14.05.2020,11:44


May 14, Fineko/abc. az. Oil of standard grades is rising in cost in Thursday’s trading after falling the day before.

By 9:25 am, at the London ICE Futures Exchange the price of the Brent oil futures for July rose by $0.20 (0.69%) up to $29.39 per barrel.

Following the trading on 13 May, at the ICE Futures Exchange the July’s futures fell by $0.79 (2.64%) to $29.19 per barrel.

By 9:25 am, at the New York Mercantile Exchange (NYMEX) the WTI futures for June rose in price by $0.23 (0.91%) up to $25.52 per barrel.

At the end of trading on 13 May at the NYMEX the June’s WTI oil futures fell by $0.49 (1.9%) to $25.29 per barrel.