Price of Azerbaijani oil declines

20.06.2018,11:33


June 20, Fineko/abc.az. Cost of a barrel of Azerbaijan's oil Azeri Light has decreased by $0.05 (0.07%).

The price of oil grade Azeri Light is now $75.47 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 (June 18 - $65.85 a barrel), fell by $0.78 (1.18%) to $65.07 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 (June 18 - $75.34 a barrel), decreased by $0.26 (0.35%) to $75.08 a barrel.

The price gap between Brent and WTI following trading on June 19 is $10.01.