Cost of Azerbaijani oil is $77.51 a barrel

09:10 - 27.08.2018


August 27, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.36 (1.8%).

Cost of oil grade Azeri Light is now $77.51 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 24 August the value of October’s futures of oil grade WTI crude increased by $0.89 (1.31%) up to $68.72 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on 24 August the cost of October’s futures of oil grade of Brent crude increased by $1.09 (1.46%) up to $75.82 a barrel.

The price gap between Brent and WTI following trading on 24 August is $7.10 on a barrel.

 

Other news