Oil changes slightly in price, and Brent is at $68.68 a barrel

11:14 - 17.05.2021


May 17, Fineko/abc.az. Oil prices of the benchmark grades are weakly and diversely changing at the auction on Monday, after the rise following the past week.

By 9:18 am, in the trading at the London ICE Futures Exchange the July’s Brent crude futures fell by $0.03 (0.04%) to $68.68 per barrel. Following the trading on 14 May the price of Brent crude oil futures for July rose by $1.66 (2.48%) up to $68.71 per barrel.

By 9:18 am, at the New York Mercantile Exchange (NYMEX) the price of June’s WTI oil futures increased by $0.03 (0.05%) up to $65.40 per barrel. At the end of the trading on 14 May the WTI futures for June grew in price by $1.55 (2.43%) up to $65.37 per barrel.

At the end of last week, Brent oil rose by 0.6% and WTI oil by 0.7%.

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