Oil falls in value, and Brent is at $67.39 a barrel


May 4, Fineko/abc.az. Cost of oil is decreasing in Tuesday’s trading after rising the day before.

By 9:31 am, in the trading at the London ICE Futures Exchange the July’s Brent crude futures fell by $0.17 (0.25%), to $67.39 per barrel. Following the trading on 3 May the price of Brent crude oil futures for July increased by $0.80 (1.20%) up to $67.56 per barrel.

By 9:31 am, at the New York Mercantile Exchange (NYMEX) the price of the June’s WTI oil futures declined by $0.18 (0.28%) to $64.31 per barrel. At the end of trading on 3 May the WTI futures for June grew in price by $0.91 (1.43%) up to $64.49 per barrel.