Oil price falls, Brent is traded at $42.50 a barrel

11:03 - 24.06.2020


June 24, Fineko/abc.az. Price for oil of standard grades declined in Wednesday’s trading after falling the day before.

By 9:15 am, at the London ICE Futures Exchange the Brent crude futures for August fell by $0.13 (0.3%) to $42.50 per barrel. At the end of trading on 23 June the price of Brent futures for August fell by $0.45 (1.1%) to $42.63 per barrel.

By 9:15 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for August fell in price by $0.23 (0.57%) to $40.14 per barrel. Following the trading on 23 June the value of these contracts decreased by $0.08 (0.2%) to $40.37 per barrel.