Oil is getting more expensive, Brent - $62.73 a barrel

09:25 - 7.05.2025


May 7, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday's trading.

The price of Brent crude oil futures for July on the ICE Futures exchange grew by $0.58 (0.93%) to $62.73 per barrel by 09:20. Following the trading on May 6, July’s Brent crude futures rose by $1.92 (3.19%) to $62.15 per barrel.

The price of June’s WTI crude oil futures at the NYMEX commodity exchange increased by $0.64 (1.08%) to $59.73 per barrel by 09:20. Following the trading on May 6, WTI oil futures for June grew in price by $1.96 (3.43%), to $59.09 per barrel.