London: During trading operations on the ICE London Intercontinental Exchange, the price of the May 2025 Brent oil export contract increased by 0.22% to $72.16 per barrel, APA-Economics reports. The change in price reflects ongoing fluctuations in the global oil market.

According to Azeri-Press News Agency, the price of a barrel of WTI oil for export in May this year on the New York NYMEX Commodity Exchange increased by 0.26% to $67.89 per barrel. This rise in WTI oil price aligns with the broader trend of increasing oil prices observed across international markets.