Value of oil grows: Brent - $101.44 a barrel

09:22 - 8.05.2026


May 8, Fineko/abc.az. Pices for oil of benchmark grades are rising in Friday’s trading after a drop for three consecutive sessions.

As of 09:16, at the ICE Futures Europe stock exchange, July’s Brent crude futures grew by $1.38 (1.38%) up to $101.44 per barrel. Following the trading on May 7, this contract fell by $1.21 (1.19%) to $100.06 per barrel.

At the New York Mercantile Exchange (NYMEX), the price of June’s WTI crude oil futures increased by $0.98 (1.03%) up to $95.79 per barrel by 09:16. Following the trading on May 7, the contract declined by $0.27 (0.28%) to $94.81 per barrel.