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Cost of oil continues growth, Brent risen up to $34.97 per barrel

20.05.2020,11:36


May 20, Fineko/abc.az. Oil prices in Wednesday's auction are increasing moderately after the rise-fall in the trading the day before.

By 9:25 am, at the London ICE Futures Exchange the price of Brent oil futures for July grew by $0.32 (0.92%) up to $34.97 per barrel.

Following the trading on 19 May at the ICE Futures Exchange the price for July’s futures fell by $0.16 (0.46%) to $34.65 per barrel.

By 9:25 am, at the New York Mercantile Exchange (NYMEX) the WTI futures for July rose in price by $0.18 (0.56%) up to $32.14 per barrel.

By the close of trading on 19 May the price of July’s WTI futures increased by $0.31 (1%) up to $31.96 per barrel.

Yesterday, on 19 May, at the NYMEX the June’s WTI oil futures ended trading at $32.50 per barrel, that is higher than in the previous trading at $0.68 (2.14%).