Oil prices rise, and Azeri Light grows by 2.44%

10:06 - 16.03.2020


March 16, Fineko/abc.az. Oil of standard grades increased in price on the last day of the past week and started to decline again in today's trading.

Following the trading on 13 March at the London Ice Futures Exchange, May’s futures for Brent oil grew in price by $0.63 (1.9%) up to $33.85 per barrel.

By 9:30 am, Brent futures for May rose by $1.19 (3.52%) up to $32.66 per barrel.

At the end of trading on 13 March at the New York Mercantile Exchange (NYMEX), April’s WTI oil futures increased in price by $0.23 (0.73%) up to $31.73 per barrel.

By 9:30 am, WTI futures for April fell by $0.69 (2.17%) to $31.04 per barrel.

The price of crude oil Azeri Light grew by $0.79 (2.44%) up to $33.14 per barrel.

 

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