Cost of Azerbaijani oil has declined

11:22 - 9.01.2019


January 9, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $0.06 (0.1%).

Today cost of oil grade Azeri Light is $59.63 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 8 January the value of February’s futures of oil grade WTI grew in price by $1.26 (2.6%) up to $49.78 a barrel.

At the London ICE (InterContinental Exchange Futures) following Tuesday’s trading the cost of March’s futures of oil grade of Brent crude increased by $1.39 (2.42%) up to $58.72 a barrel.

The difference in price of the WTI and Brent grades is $8.94 on a barrel.

 

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