Oil price goes down, and Brent is at $78.22 a barrel

09:27 - 25.05.2023

May 25, Fineko/abc.az. Prices for oil of benchmark grades are declining in Thursday’s trading after rising the day before.

The price of July Brent crude futures on the London ICE Futures Exchange by 09:25 am decreased by $0.14 (0.18%) to $78.22 per barrel. Following the trading on May 24, Brent crude futures for July rose by $1.52 (1.98%) to $78.36 per barrel.

The price of WTI oil futures for July on the electronic trading of the New York Mercantile Exchange (NYMEX) by 09:25 am fell by $0.25 (0.34%) to $74.09 per barrel. Following the trading on May 24, the price of July WTI oil futures increased by $1.43 (1.96%) to $74.34 per barrel.