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Azerbaijan’s oil has risen in price again

27.07.2018,12:17


July 27, Fineko/abc.az. Azerbaijani oil of grade Azeri Light has increased by $0.7 (0.93%).

The price of a barrel of oil of Azeri Light brand is now $76.07 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 26 July the value of September’s futures of oil grade WTI increased by $0.31 (0.45%) up to $69.61 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of September’s futures of oil grade of Brent crude increased by $0.61 (0.83%) up to $74.54 a barrel.

The price gap between Brent and WTI following trading on 26 July is $4.93 on a barrel.