Oil grows in value after fall, and Brent is at $108.50 a barrel

09:25 - 20.04.2022

April 20, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday’s trading, after falling more than by 5% the day before.

By 09:13 am, at the London ICE Futures Exchange the June’s Brent crude futures grew by $1.25 (1.17%) up to $108.50 per barrel. Following the trading on 19 April, the price of June’s Brent crude futures fell by $5.91 (5.22%) to $107.25 per barrel.

By 09:12 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for May rose in price by $1.14 (1.11%) up to $103.70 per barrel. Following the trading on 19 April, the price of WTI oil futures for May slumped by $5.65 (5.22%) to $102.56 per barrel.