Oil prices are rising

Oil prices are rising on Friday, but are ending the week in the red.

The cost of June Brent futures on the London ICE Futures exchange was $67.03 per barrel, which is $0.48 (0.72%) higher than at the close of the previous trades. On Thursday, these contracts rose in price by $0.43 (0.65%), to $66.55 per barrel.

WTI oil futures for June on electronic trading on the New York Mercantile Exchange (NYMEX) increased by $0.53 (0.84%), to $63.32 per barrel. At the end of the previous session, the cost of these contracts increased by $0.52 (0.84%), to $62.79 per barrel.

Leave a Reply

Your email address will not be published. Required fields are marked *