Oil prices for 2 July:
WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange up by 1.26% to $40.34 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange up by 1.78% to $42.83 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 D...
