Cost of Azerbaijan’s oil decreased

11:53 - 6.06.2018


June 6, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light has declined by $0.63 (0.83%).

Cost of oil grade Azeri Light is now $75.71 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 ($65.52 a barrel),   increased by $0.37 (0.56%) up to $65.89 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 ($75.38 a barrel), grew by $0.57 (0.76%) up to $75.95 a barrel.

The price gap between Brent and WTI is now $9.86 on a barrel.

 

Other news