09:40 - 10.05.2023

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May 10, Fineko/abc.az. Prices for oil of benchmark grades are declining in Wednesday’s trading after three consecutive sessions of growth.

The price of July Brent crude futures on the London ICE Futures Exchange dropped by $0.52 (0.67%) to $76.92 per barrel by 09:35 am. Following the trading on May 9, Brent crude futures for July rose by $0.43 (0.56%) to $77.44 per barrel.

The price of WTI oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:35 am decreased by $0.52 (0.71%), to $73.19 per barrel. Following the trading on May 9, the price of June WTI oil futures increased by $0.55 (0.75%) to $73.71 per barrel.

Oil prices have been rising in the last 3 sessions.