Cost of Azerbaijani oil is $79.73 a barrel

11:56 - 4.09.2018


September 4, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.35 (0.44%).

Cost of oil grade Azeri Light is now $79.73 a barrel.

On Monday WTI trading was not conducted because of celebration of the Day of Labour in the United States. At the New York Merchant Exchange (NYMEX) following the trading on 31 August the value of October’s futures of oil grade WTI crude decreased by $0.45 (0.64%) to $69.80 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on 3 September the cost of November’s futures of oil grade of Brent crude increased by $0.51 (0.66%) up to $78.15 a barrel.

The price gap between Brent and WTI is $8.35 on a barrel.

 

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