09:40 - 15.05.2023

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May 15, Fineko/abc.az. Prices for oil of benchmark grades are falling in Monday’s trading after decline last week.

The price of July Brent crude futures on the London ICE Futures Exchange by 09:35 am decreased by $0.17 (0.23%) to $74.00 per barrel. Following the trading on May 12, Brent crude futures for July fell by $0.81 (1.08%) to $74.17 per barrel.

The price of WTI oil futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:35 decreased by $0.10 (0.14%) to $69.94 per barrel. Following the trading on May 12, the price of June WTI oil futures decreased by $0.83 (1.17%) to $70.04 per barrel.

Following the past week, Brent crude oil fell by 1.50% and WTI oil by 1.82%.