Wednesday, 03 April 2024 13:44

Oil prices rise mixed

The price of Brent crude oil futures for June delivery has settled at $89.06 a barrel today at ICE Futures. That is 0.24% above the closing level of the previous trading session.  

On Tuesday, these contracts rose by $1.5 (1.7%) to $88.02 a barrel.

The NYMEX WTI futures for delivery in May stood at $85.35 (+0.23%).

The world market price for a barrel of Azeri Light crude oil rose by $2.63 or 2.95%, to $91.85.

At the close of trading, the May futures of Brent crude oil settled at $88.92. The oil price has been set at $60 in the state budget of Azerbaijan for this year.

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