11:32 - 20.07.2020

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July 20, Fineko/abc.az. Prices for oil of standard grades declined during Monday’s trading amid the news about an increase in the growth of new cases of coronavirus infection in the world.

By 9:25 am, at the London ICE Futures Exchange the Brent crude futures for September fell in price by $0.29 (0.67%) to $42.85 per barrel. At the end of trading on 16 July the Brent futures for September fell by $0.23 (0.53%) to $43.14 per barrel.

By 9:25 am, at the New York Mercantile Exchange (NYMEX) the price of WTI oil futures for August decreased by $0.26 (0.64%) to $40.33 per barrel. At the end of trading on 17 July the WTI contracts for August fell in price by $0.16 (0.39%) to $40.59 per barrel.