09:43 - 2.05.2024

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May 2, Fineko/abc.az. Prices for oil of benchmark grades are rising in Thursday’s trading after decline following the previous trading on data on stocks in the U.S.

The price of July’s Brent crude futures at the London ICE Futures Exchange increased by $0.51 (0.61%) to $83.95 per barrel by 09:39. Following the trading on May 1, Brent crude futures for July slumped in price by $2.89 (3.35%), to $83.44 per barrel.

The price of WTI crude futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) grew by $0.48 (0.61%) to $79.48 per barrel by 09:39. Following the trading on May 1, the price of June’s WTI oil futures fell by $2.93 (3.58%) to $79.00 per barrel.

The published weekly report of the U.S. Department of Energy says that country’s commercial oil reserves last week increased by the maximum since mid-February 7.26 million barrels to 460.89 million barrels. Gasoline inventories grew by 344,000 barrels up to 227.09 million barrels. Commercial distillate reserves declined by 732,000 barrels to 115.85 million barrels.