Oil price keeps on rising, and Brent is at $83.19 a barrel

09:33 - 16.05.2024


May 16, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Thursday’s trading after growth following the session the day before.

The price of July’s Brent crude futures at the London ICE Futures Exchange grew by $0.44 (0.53%) to $83.19 per barrel by 09:29. Following the trading on May 15, Brent crude futures for July increased by $0.37 (0.45%) to $82.75 per barrel.

The price of WTI crude oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.44 (0.56%) to $79.07 per barrel by 09:29. Following the trading on May 15, the price of June WTI oil futures grew by $0.61 (0.78%) to $78.63 per barrel.