Brent oil rises to $87.5 per barrel

Oil prices recovered on April 23 morning after falling at the end of the previous session, Report informs referring to Interfax.

The cost of June futures for Brent oil on the London ICE Futures exchange amounted to $87.46 per barrel. This is $0.46 (0.53%) higher than the previous close.

On April 22, these contracts fell in price by $0.29 (0.3%), to the minimum since March 27, $87 per barrel.

WTI futures for June in electronic trading on the New York Mercantile Exchange (NYMEX) increased in price by $0.46 (0.56%) to $82.36 per barrel.

According to the results of previous trading, the cost of these contracts decreased by $0.32 (0.4%) to $81.9 per barrel.

May futures, which expired when the market closed the day before, fell $0.29 (0.4%) to $82.85 per barrel.