Oil is slightly cheaper, and Brent is at $113.86 a barrel

17.05.2022,09:30


May 17, Fineko/abc.az. Prices for oil of benchmark grades are moderately declining in Tuesday’s trading after a significant increase the day before.

By 09:21 am, at the London ICE Futures Exchange the July’s Brent crude futures fell by $0.38 (0.33%) to $113.86 per barrel. Following the trading on 16 May, the price of July’s Brent crude futures grew by $2.69 (2.41%) up to $114.24 per barrel.

By 09:21 am, at the New York Mercantile Exchange (NYMEX) the June’s WTI oil futures fell in price by $0.49 (0.43%) to $113.71 per barrel. Following the trading on 16 May, the price of WTI oil futures for June rose by $3.71 (3.36%) up to $114.20 per barrel.