July futures for Brent crude oil fell by 12 cents (0.15%) to $78.67 per barrel by 7:47 GMT on May 25. This is evidenced by the auction data.
Quotes of the July contract for WTI oil decreased by 6 cents (0.1%) and amounted to $70,65 per barrel, Finmarket reports.
Oil prices on May 24 fell for the third day in a row due to an unexpected increase in fuel supplies in the United States. Following the trading results, the price of the July contract for Brent oil on the ICE Futures exchange in London decreased by $1.01 (1.3%) and amounted to $78.79 per barrel. July WTI futures on New York's NYMEX fell $1.01 (1.3%) to $70.71 per barrel.