Cost of Azerbaijani oil falls

14.06.2018,13:09


June 14, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light has declined by $0.21 (0.27%).

The price of oil grade Azeri Light is now $76.97 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) following the trading the value of July’s futures of oil grade WTI, compared to last closing of trading ($66.36 a barrel), increased by $0.28 (0.42%) up to $66.64 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of July’s futures of oil grade of Brent crude, compared to last closing of trading ($75.88 a barrel), increased by $0.86 (1.13%) up to $76.74 a barrel.

The price gap between Brent and WTI for today is $10.10.