Oil keeps on falling in price after a drop the day before, and Brent is at $77.60 a barrel

09:40 - 4.06.2024

June 4, Fineko/abc.az. Prices for oil of benchmark grades are declining in Tuesday’s after decline following the previous session.

The price of futures for August’s Brent crude oil at the London ICE Futures Exchange decreased by $0.76 (0.97%) to $77.60 per barrel by 09:38. Following the trading on June 3, August’s Brent crude futures fell by $2.75 (3.39%) to $78.36 per barrel.

The price of July WTI oil futures on the electronic trading of the New York Mercantile Exchange (NYMEX) fell by $0.86 (1.16%) to $73.36 per barrel by 09:38. Following the trading on June 3, the price of WTI oil futures for July fell by $2.77 (3.60%) to $74.22 per barrel.