Oil grows in cost, and Brent is at $69.14 a barrel

11:03 - 31.05.2021


May 31, Fineko/abc.az. Prices for oil of standard grades are increasing in Monday’s trading.

By 9:38 am, at the London ICE Futures Exchange the August’s Brent crude futures grew by $0.42 (0.61%) up to $69.14 per barrel. At the end of trading on 28 May the Brent futures for August fell in price by $0.48 (0.69%) to $68.72 per barrel.

By 9:38 am, at the New York Mercantile Exchange (NYMEX) the price of July’s WTI oil futures rose by $0.43 (0.65%) up to $66.75 per barrel. At the end of trading on 28 May the WTI futures for July fell in price by $0.53 (0.79%) to $66.32 per barrel.

At the end of last week Brent crude oil increased in price by 4.8% and WTI oil by 4.3%.

 

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