Oil prices decline

09:50 - 8.02.2019


February 8, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light dropped by $1.38 (2.14%).

Today the price of oil grade Azeri Light is $63.00 a barrel.

At the New York Merchant Exchange (NYMEX) following the February 7 trading session the value of March’s futures of oil grade WTI decreased by $1.37 (2.54%) to $52.64 a barrel.

By 9 am in the morning cost of March’s futures for WTI lowered by $0.44 (0.84%) to $52.20 a barrel.

At the London ICE (InterContinental Exchange Futures) following Thursday’s trading the cost of April’s futures of oil grade of Brent crude reduced by $1.06 (1.69%) to $61.63 a barrel.

By 9 am value of April’s futures for Brent decreased by $0.44 (0.71%) to $61.19 a barrel.

 

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