Azerbaijani oil has increased in price


January 11, Fineko/ The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.86 (1.38%).

Today cost of oil grade Azeri Light is $63.35 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 10 January the value of February’s futures of oil grade WTI increased in price by $0.23 (0.44%) up to $52.59 a barrel.

At the London ICE (InterContinental Exchange Futures) following the previous trading the cost of March’s futures of oil grade of Brent crude grew by $0.24 (0.39%) up to $61.68 a barrel.

The difference in price of the WTI and Brent grades is $9.09 on a barrel.