Oil prices for 19 May:
WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 0.70% to $110.85 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange up by 0.70% to $110.99 per barrel, “Armenpress” reports.
Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter.
New York’s NYMEХ (New York Mercantile Exchange) is a US futures market founded in 1882. It ranks first in oil futures trade. Currently trade is carried out by the exchange’s two divisions, the NYMEX ...
