11:58 - 1.07.2021

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July 1, Fineko/abc.az. Prices for oil of standard grades continue growing in Thursday’s trading about the data of the U.S. Department of Energy on the decline in country’s raw materials stocks.

By 9:33 am, at the London ICE Futures Exchange the September’s Brent crude futures increased by $0.10 (0.13%) up to $74.72 per barrel. Following the trading on 30 June the price of Brent futures for September increased by $0.37 (0.5%) up to $74.62 per barrel.

By 9:33 am, at the New York Mercantile Exchange (NYMEX) the price of the August WTI oil futures rose by $0.08 (0.11%) up to $73.55 per barrel. Following the trading on 30 June the WTI futures for August increased in price by $0.49 (0.67%) up to $73.47 per barrel.

The report of the U.S. Energy Department showed decrease in oil reserves in the country by 6.7 million barrels. Experts at S&P Global Platts predicted a decrease on average in reserves by 4.7 million barrels.