Oil prices rise after a grave fall

11:27 - 27.11.2018

November 27, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.88 (3.07%).

The price of oil grade Azeri Light is now $63.13 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 26 November the value of January’s futures of oil grade WTI grew in price by $1.21 (2.4%) up to $51.63 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 increased by $1.68 (2.86%) up to $60.48 a barrel.

The price difference of grades Brent and WTI is today $8.85 on a barrel.

 

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