Oil rises in cost, and Brent is at $111.23 a barrel

09:26 - 6.05.2022

May 6, Fineko/abc.az. Prices for oil of benchmark grades are increasing in Friday’s trading.

By 09:13 am, at the London ICE Futures Exchange the July’s Brent crude futures grew by $0.33 (0.30%) up to $111.23 per barrel. Following the trading on 5 May, the price of July’s Brent crude futures increased by $0.76 (0.69%) up to $110.90 per barrel.

By 09:13 am, at the New York Mercantile Exchange (NYMEX) the June’s WTI oil futures rose in price by $0.32 (0.30%) up to $108.58 per barrel. Following the trading on 5 May, the price of WTI oil futures for June rose by $0.45 (0.42%) up to $108.26 per barrel.