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Cost of Azerbaijani oil is $78.61 a barrel

29.06.2018,12:43


June 29, Fineko/abc.az. Price of a barrel of Azerbaijan's oil Azeri Light has declined by $0.34 (0.43%).

The price of oil grade Azeri Light is now $78.61 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 on 28 June the value of August’s futures of oil grade WTI, compared to last closing of trading (June 27 - $72.76 a barrel), grew by $0.69 (0.95%) up to $73.45 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of August’s futures of oil grade of Brent crude, compared to last closing of trading (June 27 - $77.62 a barrel), increased by $0.23 (0.3%) up to $77.85 a barrel.

The price gap between Brent and WTI following trading on June 28 is $4.4 on a barrel.