10:08 - 31.05.2018
May 31, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light has increased by $2.15 (2.81%).
Cost of oil grade Azeri Light is now $78.59 a barrel.
The lowest price for Azeri Light was fixed in December 2001 - $19.15 and highest price in July 2008 - $149.66.
At the New York Merchant Exchange (NYMEX) the value of July’s futures of oil grade WTI, compared to last closing of trading ($68.21 a barrel), reduced by $0.25 (0.37%) to $67.96 a barrel.
At the London ICE (InterContinental Exchange Futures) the cost of July’s futures of oil grade of Brent crude, compared to last closing of trading ($77.50 a barrel), declined by $0.41 (0.53%) to $77.09 a barrel.
The price gap between Brent and WTI is now $9.29 on a barrel.
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