Following the auction on May 22, the value of the July contract for Brent crude on the ICE Futures exchange in London increased by $ 0.26 (0.48%) to $ 53.87 per barrel.
June futures on WTI on the New York Mercantile Exchange NYMEX went up by $ 0.40 (0.79%) - and amounted to $ 50.73 per barrel. The July contract went up by $ 0.46 (0.91%) to $ 51.13.
Today, oil prices are declining after four growth sessions.
The cost of July futures for Brent crude on the London Stock Exchange ICE Futures
Decreased by $ 0.30 (0.56%) to $ 53.57 per barrel.
The price of the WTI futures contract for July in electronic trading on the New York Mercantile Exchange (NYMEX) fell by $ 0.26 (0.51%) to $ 50.87 per barrel.

In today's Asian trading, the yen is rising in price against the US dollar and the euro. The dollar to the yen fell to 110.97 yen in comparison with 111.3 yen at the close of the previous session.
The value of the euro against the yen decreased at the same time to 124.62 yen against 125.08 yen the day before.
The pound sterling fell 0.2% against the US currency - to $ 1.2975 compared with $ 1.3000 to close the market on Monday.
The euro/dollar was trading at $ 1,1232 against $ 1,1237 on the basis of the previous trading. On the eve of the euro rose to a maximum from November 9 - $ 1,1246.

The consolidated index of the largest enterprises of the region Stoxx Europe 600 rose during the trades by 0.3% - to 392.11 points.
The British index FTSE 100 increased by 0.2%, the French CAC 40 added 0.7%, the German DAX - 0.6%.
The price of securities Merlin Entertainment, the operator of various tourist attractions, including the London Ferris wheel, decreased during the auctions by 1.1%.
The value of Whitbread Plc, the operator of the Premier Inn hotel chain, fell 0.5%.
Quotes of airlines, meanwhile, are growing: the papers of International Consolidated Airlines Group SA went up by 0.5%, easyJet Plc - by 2.2%.
Statistics, published on Tuesday, pointed to the growth of industrial activity in Germany to a maximum level in six years.
The index of purchasing managers (PMI) in the industrial sector of the FRG in May increased to 59.4 points - the highest value since April 2011, according to the preliminary data of IHS Markit. A month earlier, the value of the index was 58.2 points.
The indicator of activity in the German services sector decreased in May to 55.2 points from 55.4 points, the consolidated PMI rose to 57.3 points from 56.7 points in April.
In France, there was also an increase in the overall indicator of business activity - the index rose in May to 57.6 points from 56.6 points a month earlier. PMI services sector jumped to 58 points from 56.6 points in April, but the industrial indicator fell to 54 points from 55.1 points.
Consolidated PMI in the euro area this month remained at 56.8 points, while the index of manufacturing activity jumped to 57 points - a maximum of more than 6 years. The service sector indicator decreased to 56.2 points from 56.4 points in April.
Nokia shares soared by more than 6% on information that the Finnish company settled a long-standing dispute over intellectual property rights with American Apple Inc. Moreover, the two companies have entered into a cooperation agreement under which Nokia will provide Apple with certain products and services in the field of network infrastructure, while the US company will resume selling Nokia gadgets in the field of digital health.
Greek stock index ASE fell during trading by 1.3%. Eurozone finance ministers, the International Monetary Fund and the Greek government on Monday failed to reach a final agreement on easing the debt burden of Athens and decided to postpone further discussion of this issue until the June meeting
Against this background, the shares of Greek banks are getting cheaper: the value of Alpha Bank securities fell by 2.3%, National Bank of Greece - by 3.6%, Piraeus Bank - by 4.1%.
The ASE index grew by 18% since the beginning of the second quarter of this year on expectations that European creditors of Greece will be able to agree on reducing its debt burden.