Price of Azerbaijani declines


November 23, Fineko/ Cost of a barrel of Azerbaijani oil grade Azeri Light has fallen by $0.46 (0.70%).

The price of oil grade Azeri Light is now $64.98 a barrel.

Trading at the New York Merchant Exchange (NYMEX) were not conducted on 22 November because of celebration of the Thanksgiving Day. The value of January’s futures of oil grade WTI crude remained at the level of $54.63 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 decreased by $0.88 (1.39%) to $62.60 a barrel.

The price difference of grades Brent and WTI is today $7.97 on a barrel.