Oil Prices Rise for 6th Month in Row, Brent Crude Up 7.5% in May
MOSCOW (Pakistan Point News / Sputnik - 01st June, 2022) Global oil prices ended May in green, sixth consecutive month of growth.
On Tuesday, August futures for Brent closed at $115.
6 per barrel, and July futures for WTI closed at $114.67.
In May, Brent rose by 7.5%, sharpest monthly growth since February. WTI was up 9% in May, highest pace since January.