12:05 - 23.07.2018

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July 23, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.52 (0.7%).

Cost of a barrel of oil of Azeri Light brand is now $74.12 a barrel.

The lowest price of 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 20 July the value of August’s futures of oil grade WTI, compared to last closing of trading (July 19 - $69.46 a barrel), increased by $1 (1.44%) up to $70.46 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of September’s futures of oil grade of Brent crude, compared to last closing of trading (July 19 - $72.58 a barrel), increased by $0.49 (0.68%) up to $73.07 a barrel.

The price gap between Brent and WTI following trading on 20 July is $2.61 on a barrel.