Oil falls in value, and Brent is at $65.95 a barrel

17:43 - 20.05.2021


May 20, Fineko/abc.az. Prices for oil of standard grades in Thursday’s trading have been declining for the third consecutive session.

By 16:35 am, in the trading at the London ICE Futures Exchange the July’s Brent crude futures fell by $0.71 (1.08%) up to $65.95 per barrel.

By 16:35 am, at the New York Mercantile Exchange (NYMEX) the price of the June’s WTI oil futures decreased by $0.57 (0.9%) to $62.79 per barrel.

Earlier in the course of trading, oil increased in price after falling a day before to lows in more than three weeks.

 

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