08:50 - 12.05.2023

---

May 12, Fineko/abc.az. Prices for oil of benchmark grades continue to decline in Friday’s trading after falling the day before.

The price of July Brent crude futures on the London ICE Futures exchange by 08:45 am decreased by $0.37 (0.49%) to $74.61 per barrel. Following the trading on May 11, Brent crude futures for July fell by $1.43 (1.87%) to $74.98 per barrel.

The price of WTI oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) by 08:45 am fell by $0.29 (0.41%) to $70.58 per barrel. Following the trading on May 11, the price of June WTI oil futures fell by $1.69 (2.33%) to $70.87 per barrel.