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Price of Azerbaijan’s oil increased

07.08.2018,11:41


August 7, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.63 (0.85%).

Cost of a barrel of oil of Azeri Light brand is now $75.15 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 6 August the value of September’s futures of oil grade WTI increased by $0.52 (0.76%) up to $69.01 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on 6 August, the cost of October’s futures of oil grade of Brent crude increased by $0.54 (0.74%) up to $73.75 a barrel.

The price gap between Brent and WTI following trading on 6 August is $4.74 on a barrel.