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Price of Azeri Light declined

05.06.2018,11:41


June 5, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light has fell by $1.32 (1.7%).

Cost of oil grade Azeri Light is now $76.34 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 ($64.75 a barrel),   increased by $0.28 (0.43%) up to $65.03 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 ($75.29 a barrel), grew by $0.16 (0.21%) up to $75.45 a barrel.

The price gap between Brent and WTI is now $11.42 on a barrel.