11:26 - 17.02.2020

---

February 17, Fineko/abc.az. Oil has cheapened in Monday's trading after last week’s big increase.

Following the trading on 14 February at the London ICE Futures Exchange, the price of April’s futures for Brent oil rose by $0.98 (1.74%) up to $57.32 per barrel. By 9:30 am, Brent futures for April fell by $0.12 (0.21%) to $57.20 per barrel.

Following the trading on 14 February at the New York Mercantile Exchange (NYMEX), March’s WTI futures grew in price by $0.63 (1.23%) up to $52.05 per barrel. By 9:30 am, March’s WTI futures declined by $0.01 (0.02%) to $52.04 per barrel.

Azerbaijan's crude oil Azeri Light increased by $0.74 (1.22%) up to $61.54 per barrel.