Oil prices recover after previous decline

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Oil prices recovered on April 9 morning after falling the previous day, Report informs referring to Interfax.

The cost of June futures for Brent oil on the London ICE Futures exchange was $90.57 per barrel.

This is $0.19 (0.21%) higher than the previous close. On April 8, these contracts fell $0.79 (0.9%) to $90.38 per barrel.

WTI oil futures for May in electronic trading on the New York Mercantile Exchange (NYMEX) increased by $0.13 (0.15%) to $86.56 per barrel.

According to the results of previous trading, the cost of these contracts decreased by $0.48 (0.6%) to $86.43 per barrel.

During the last session, the international benchmark dropped to $88.78 per barrel, the North American benchmark to $84.69 per barrel.

Economy