Azerbaijani oil has fallen in price

11:15 - 16.01.2019


January 16, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.59 (0.95%).

Today cost of oil grade Azeri Light is $61.52 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 15 January the value of February’s futures of oil grade WTI grew in price by $1.60 (3.17%) up to $52.11 a barrel.

At the London ICE (InterContinental Exchange Futures) following the Tuesday’s trading the cost of March’s futures of oil grade of Brent crude increased by $1.65 (2.8%) up to $60.64 a barrel.

The difference in price of the WTI and Brent grades is $8.53 on a barrel.

 

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