Oil price goes up after a sharp drop, and Brent is at $87.56 per barrel

09:30 - 18.04.2024


April 18, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Thursday after decline of 3% a day earlier.

The price of June’s Brent crude futures at the London ICE Futures Exchange increased by $0.27 (0.31%) to $87.56 per barrel by 09:27. Following the trading on April 17, Brent crude futures for June slumped in price by $2.73 (3.03%), to $87.29 per barrel.

The price of WTI crude oil futures for May on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.17 (0.21%) to $82.86 per barrel by 09:27. Following the trading on April 16, the price of WTI oil futures for May fell by $2.67 (3.13%) to $82.69 per barrel.