Oil rises in cost, and Brent is at $117.53 a barrel

27.05.2022,09:50


May 27, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Friday’s trading.

At the London ICE Futures Exchange the July’s Brent crude futures rose by $0.13 (0.11%) to $117.53 per barrel by 09:29 am. Following the trading on 26 May, the price of July’s Brent crude futures grew by $3.37 (2.96%) to $117.40 per barrel.

At the New York Mercantile Exchange (NYMEX) the July’s WTI oil futures increased in price by $0.04 (0.04%) to $114.13 per barrel by 09:38 am. Following the trading on 26 May, the price of WTI oil futures for July jumped by $3.76 (3.41%) to $114.09 per barrel.