Oil grows in value, and Brent is at $68.52 a barrel


May 7, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Friday’s trading after falling the day before.

By 9:08 am, at the London ICE Futures Exchange the July’s Brent crude futures rose by $0.43 (0.63%) up to $68.52 per barrel. Following the trading on 6 May, the price of Brent crude oil futures for July fell by $0.87 (1.26%) to $68.09 per barrel.

By 9:08 am, at the New York Mercantile Exchange (NYMEX) the price of June’s WTI oil futures increased by $0.40 (0.62%) up to $65.11 per barrel. At the end of trading on 6 May the WTI futures for June decreased in price by $0.92 (1.40%) to $64.71 per barrel.