MOSCOW, June 15 – PRIME. World oil prices rose more than 1.5% on Tuesday evening amid expectations for demand, while Brent crude rose above $ 74 per barrel for the first time since April 2019, trading data showed.
As of 21.17 Moscow time, the price of August futures for the North Sea Brent oil mixture grew by 1.56%, to $ 74 per barrel, minutes earlier the figure exceeded this mark for the first time since April 2019. The cost of July futures on WTI rose by 1.74% to $ 72.09 per barrel. During the day, oil rose in price by 0.3%.
The cost of a Brent crude oil futures contract for delivery in August 2021 on the London ICE stock exchange rose to $ 74.04 per barrel, according to data from the trading floor at 21:15 Moscow time.
By 21:23 Moscow time, the price of Brent has slowed down and stood at $ 72.02 per barrel.
The last time the price of Brent exceeded $ 74 per barrel was in April 2019.
At the same time, WTI crude oil rises in price to $ 71.86 per barrel (+ 1.74%).