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Oil Rises After Sharp Drop

Brent and WTI oil prices rebounded after sharp declines. Latest data from London and New York exchanges.

Henry Walker
ByHenry Walker- Senior Editor
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Oil prices are seeing fluctuations in global markets.

According to Oxu.Az, citing Interfax, reports indicate a rebound.

At 09:17 Baku time on London's ICE, Brent crude futures for July delivery rose by $0.55 (0.52%) to $105.57 per barrel. In the previous session, Brent fell by $6.26 (5.63%) to $105.02.

On the New York Mercantile Exchange (NYMEX), WTI crude futures for July delivery increased by $0.63 (0.64%) to $98.89 per barrel. In the prior session, WTI dropped by $5.89 (5.66%) to $104.15.

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