Oil gets cheaper after rising the day before, and Brent is at $117 a barrel

29.06.2022,09:40


June 29, Fineko/abc.az. Prices for oil of benchmark grades are declining in Wednesday’s trading after rising the day before.

At the London ICE Futures Exchange the August’s Brent crude futures fell by $0.98 (0.83%) to $117.00 per barrel by 09:22 am. Following the trading on 28 June, the price of August’s Brent crude futures grew by $2.89 (2.51%) to $117.98 per barrel.

At the New York Mercantile Exchange (NYMEX) the August’s WTI oil futures decreased in price by $0.64 (0.57%) to $111.12 per barrel by 09:25 am. Following the trading on 28 June, the price of WTI oil futures for August rose by $2.19 (2.00%) up to $111.76 per barrel.