Oil price recovers after fall, and Brent is at $82.91 a barrel

09:28 - 15.05.2024


May 15, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Wednesday’s trading after a sharp decline in the previous session.

The price of July’s Brent crude futures at the London ICE Futures Exchange rose by $0.53 (0.64%) to $82.91 per barrel by 09:24. Following the trading on May 14, Brent crude futures for July fell by $0.98 (1.18%) to $82.38 per barrel.

The price of WTI crude oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) increased by $0.54 (0.69%) to $78.56 per barrel by 09:24. Following the trading on May 14, the price of June’s WTI oil futures declined by $1.10 (1.39%) to $78.02 per barrel.