Oil keeps on falling in price, and Brent is at $80.84 a barrel

09:45 - 3.06.2024


June 3, Fineko/abc.az. Prices for oil of benchmark grades are declining in Monday’s trading.

The price of futures for August’s Brent crude oil at the London ICE Futures exchange decreased by $0.27 (0.33%) to $80.84 per barrel by 09:43. Following the trading on May 31, August Brent crude futures fell by $0.77 (0.94%) to $81.11 per barrel.

The price of July WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) dropped by $0.21 (0.27%) to $76.78 per barrel by 09:43. Following the trading on May 31, the price of WTI oil futures for July decreased by $0.92 (1.18%) to $76.99 per barrel.

Over the past week, both brands of oil fell by 0.9%.