Oil keeps on falling in price

11:58 - 24.01.2019


January 24, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light declined by $0.42 (0.67%).

Today cost of oil grade Azeri Light is $62.74 a barrel.

At the New York Merchant Exchange (NYMEX) following the 23 January trading the value of March’s futures of oil grade WTI decreased by $0.39 (0.74%) to $52.62 a barrel.

At the London ICE (InterContinental Exchange Futures) following the Wednesday’s trading the cost of March’s futures of oil grade of Brent crude fell by $0.36 (0.59%) to $61.14 a barrel.

The difference in price of the WTI and Brent grades is $8.52 for today.

 

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