Cost of oil goes down, and Brent is at $84.42 a barrel

10:25 - 13.05.2024


May 13, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading.

The price of July’s Brent crude futures at the London ICE Futures Exchange fell by $0.12 (0.14%) to $82.67 per barrel by 10:15 a.m. Following the trading on May 10, Brent crude futures for July declined by $1.09 (1.30%) to $82.79 per barrel.

The price of WTI crude oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) dropped by $0.08 (0.10%) to $78.18 per barrel by 10:15 a.m. Following the trading on May 10, the price of June WTI oil futures fell by $1.00 (1.26%) to $78.26 per barrel.

At the end of last week, Brent crude oil decreased by 0.2%, while WTI crude oil rose by 0.2%.