Price of oil falls

10:14 - 29.11.2018

November 29, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has dropped by $1.00 (1.59%).

The price of oil grade Azeri Light is now $62.03 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 28 November the value of January’s futures of oil grade WTI decreased in price by $1.27 (2.46%) to $50.29 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on Wednesday the cost of January’s futures of oil grade of Brent crude declined by $1.45 (2.41%) to $58.76 a barrel.

The price difference of grades Brent and WTI is today $8.47 on a barrel.

 

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