Cost of Azerbaijani oil increased


November 16, Fineko/ Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.81 (1.2%).

Cost of oil grade Azeri Light is now $68,62 a barrel.

At the New York Merchant Exchange (NYMEX) following the previous trading on 15 November the value of December’s futures of oil grade WTI crude increased in price by $0.21 (0.37%) up to $56.46 a barrel.

At the London ICE (InterContinental Exchange Futures) following the last trading the cost of January’s futures of oil grade of Brent crude grew by $0.5 (0.76%) up to $66.62 a barrel.

The price difference of grades Brent and WTI is today $10.16 on a barrel.