11:41 - 2.07.2021

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July 2, Fineko/abc.az. Oil prices are rising in Friday’s trading, the market is waiting for OPEC+ decisions.

The meeting of the OPEC+ Ministerial Monitoring Committee ended on Thursday without a final recommendation and will continue today.

By 9:31 am, at the auction on the London ICE Futures Exchange the September’s Brent crude futures increased by $0.03 (0.04%) up to $75.87 per barrel. Following the trading on 1 July the price of Brent futures for September grew by $1.22 (1.64%) up to $75.84 per barrel.

By 9:31 am, at the New York Mercantile Exchange (NYMEX) the price of the August’s WTI oil futures rose by $0.09 (0.12%) up to $75.32 per barrel. Following the trading on 1 July the WTI futures for August increased in price by $1.76 (2.40%) up to $75.23 per barrel.

The full-scale meeting of the OPEC+ ministers will be held today, July 2.