Oil rises in price, and Brent is at $69.66 a barrel

11:27 - 18.05.2021


May 18, Fineko/abc.az. Cost of oil of standard grades is increasing in Tuesday’s trading.

By 9:01 am, at the London ICE Futures Exchange the July’s Brent crude futures grew by $0.20 (0.29%) up to $69.66 per barrel. Following the trading on 17 May the price of Brent crude oil futures for July rose by $0.75 (1.09%) up to $69.46 per barrel.

By 9:01 a, at the New York Mercantile Exchange (NYMEX) the price of June’s WTI oil futures increased by $0.21 (0.32%) up to $66.48 per barrel. At the end of trading on 17 May the WTI futures for June grew in value by $0.90 (1.38%) up to $66.27 per barrel.

 

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