Oil continues growing in price, and Brent is at $84.42 a barrel

09:27 - 10.05.2024


May 10, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Friday’s trading and end the week with a rise.

The price of July’s Brent crude futures at the London ICE Futures Exchange grew by $0.54 (0.64%) to $84.42 per barrel by 09:23. Following the trading on May 9, Brent crude futures for July rose by $0.27 (0.34%) to $83.88 per barrel.

The price of WTI crude futures for June on the electronic trading of the New York Mercantile Exchange (NYMEX) rose by $0.61 (0.77%) to $79.87 per barrel by 09:23. Following the trading on May 9, the price of June WTI oil futures grew by $0.27 (0.34%) to $79.26 per barrel.

This week, Brent crude oil rose by 1.76% and WTI oil by 2.25%.