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Oil falls in price, and Brent price drops to $42.80 a barrel

07.07.2020,11:25


July 7, Fineko/abc.az. Oil prices are decreasing in Tuesday’s tarding.

By 9:30 am, at the London ICE Futures Exchange the Brent crude futures for September fell by $0.29 (0.67%) to $42.81 per barrel. At the end of trading on 6 July the Brent futures for September rose in price by $0.30 (0.7%) to $43.10 per barrel.

By 9:30 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for August fell in price by $0.31 (0.76%) to $40.32 per barrel. Following the trading on 6 July the value of WTI contracts for August increased by $0.36 (0.9%) up to $40.63 per barrel.