Oil gets more expensive, and Brent is at $106.22 a barrel

09:31 - 4.05.2022


May 4, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday’s trading after decline following the previous session.

By 09:15 am, at the London ICE Futures Exchange the July’s Brent crude futures rose by $1.25 (1.19%) to $106.22 per barrel. Following the trading on 3 May, the price of July Brent crude futures fell by $2.61 (2.43%) to $104.97 per barrel.

By 09:15 am, at the New York Mercantile Exchange (NYMEX) the June’s WTI oil futures grew in price by $1.38 (1.35%) to $103.79 per barrel. Following the trading on 3 May, the price of WTI oil futures for June fell by $2.76 (2.62%) to $102.41 per barrel.