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Oil continues rise in price after growth the day before, and Brent grew up to $36.50 a barrel

21.05.2020,11:44


May 21, Fineko/abc.az. Prices for oil of standard grades are increasing during Thursday’s trading after rising for the second week in a row.

By 9:15 am, at the London ICE Futures Exchange the Brent crude futures for July rose by $0.81 (2.27%) up to $36.56 per barrel.

Following the trading on 20 May at the ICE Futures Exchange the price for July’s futures grew by $1.10 (3.18%) up to $35.75 a barrel.

By 9:15 am, at the New York Mercantile Exchange (NYMEX) the WTI futures for July rose in price by $0.77 (2.30%) up to $34.26 per barrel.

Following the trading on 20 May at NYMEX the price of July’s WTI futures rose by $1.53 (4.79%) up to $33.49 per barrel.