Brent oil falls to $82.7 per barrel

Oil prices fell moderately on May 8 morning after a slight decline in the previous session, Report informs referring to Interfax.

The price of July futures for Brent oil on the London ICE Futures exchange amounted to $82.71 per barrel.

This is $0.45 (0.54%) lower than during the close of the previous session.

On May 7, these contracts fell in price by $0.17 (0.2%) to $83.16 per barrel.

Quotes of WTI oil futures for June in electronic trading on the New York Mercantile Exchange (NYMEX) decreased by $0.41 (0.52%) and amounted to $77.97 per barrel.

At the end of the last session, they fell by 10 cents (0.1%) to $78.38 per barrel.