Brent crude oil rose higher to 64 dollars per barrel

09:11; 12 May 2025 year

Brent crude oil is rising in price at the auction on May 12. This is evidenced by data from the London ICE exchange.

So, according to data at 8:10 a.m. Moscow time, the price of July futures for Brent rose by 0.66% to 64.33 dollars per barrel.

At the same time, WTI crude futures for June delivery rose 0.77% to $61.49 per barrel at the New York Mercantile Exchange.

Experts attribute the dynamics to market expectations of advancing trade negotiations between Washington and Beijing.

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