Oil gets cheaper and Brent is at $112.70 a barrel

24.05.2022,09:22

May 24, Fineko/abc.az. Prices for oil of benchmark grades are falling in Tuesday’s trading.

At the London ICE Futures Exchange the July’s Brent crude futures fell by $0.72 (0.63%) to $112.70 per barrel by 09:09 am. Following the trading on 23 May, the price of July’s Brent crude futures rose by $0.87 (0.77%) up to $113.42 per barrel.

At the New York Mercantile Exchange (NYMEX) the July’s WTI oil futures decreased in price by $0.65 (0.59%) to $109.64 per barrel by 09:09 am. Following the trading on 23 May, the price of WTI oil futures for July grew by $0.01 up to $110.29 per barrel.