Cost of oil goes down, Brent - $65.08 a barrel

09:40 - 19.05.2025


May 19, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading after a rise following the last week.

The price of Brent crude oil futures for July on the ICE Futures exchange fell by $0.33 (0.50%) to $65.08 per barrel by 09:38. Following the trading on May 16, July’s Brent crude futures rose in price by $0.88 (1.36%) to $65.41 per barrel.

The price of June’s WTI crude oil futures at the NYMEX commodity exchange dropped by $0.30 (0.48%) to $61.67 per barrel by 09:38. Following the trading on May 16, WTI oil futures for June increased in price by $0.87 (1.41%), to $62.49 per barrel.

Last week, Brent crude oil rose by 2.35% and WTI oil by 2.41%