Oil gets more expensive, and Brent is at $104.83 a barrel

09:30 - 11.05.2022


May 11, Fineko/abc.az. Prices for oil of benchmark grades are rising in Wednesday’s trading, after falling the day before.

By 09:14 am, at the London ICE Futures Exchange the July’s Brent crude futures rose by $2.37 (2.31%) to $104.83 per barrel. Following the trading on 10 May, the price of July’s Brent crude futures fell by $3.48 (3.29%) to $102.46 per barrel.

By 09:14 am, at the New York Mercantile Exchange (NYMEX) the June’s WTI oil futures grew in price by $2.29 (2.30%) to $102.05 per barrel. Following the trading on 10 May, the price of WTI oil futures for June declined by $3.33 (3.23%) to $99.76 per barrel.