Prices for oil have slumped

13:35 - 19.12.2018

December 19, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has dropped by $2.61 (4.26%).

The price of oil grade Azeri Light is now $58.60 a barrel.

At the New York Merchant Exchange (NYMEX) following the last trading the value of January’s futures of oil grade WTI slumped in price by $3.64 (7.3%) to $46.24 a barrel.

At the London ICE (InterContinental Exchange Futures) following the last trading the cost of February’s futures of oil grade of Brent crude dropped by $3.35 (5.62%) to $56.26 a barrel.

 

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