Brent up by 48% in H1 2022

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Oil quotes moved to growth on Friday after a sharp decline the day before at the results of the OPEC + meeting and fears about a slowdown in the US economy.

At a London’s Stock Exchange ICE Futures, September futures rose by $2.61 (2.39%) to $111.63 per barrel.

On July1, the cost of futures for WTI for August at the electronic session of the New York Mercantile Exchange (NYMEX) rose by $2.34 (2.21%) – up to $108.10 per barrel.

According to Dow Jones Market Data,  in June “Brent” fell 6.5%, but rose by 6% in the second quarter; WTI fell by 7.8% over the month and rose by 5.5% over the quarter.

During the first half of the year, Brent has risen in price by 48%, and WTI – by 41%. 

Caspian Barrel


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