Oil has increased in price


February 28, Fineko/abc.az. Azerbaijani oil grade Azeri Azeri LT CIF has increased in price by $1.28 (1.92%).

Today the price of oil grade Azeri Light is $67.97 a barrel.

Following Wednesday’s trading session at the New York Merchant Exchange (NYMEX) the value of April’s futures of oil grade WTI rose by $1.44 (2.6%) up to $56.94 a barrel. Its value by 8:00 am decreased by $0.04 (0.07%) to $56.90 a barrel.

At the London ICE (InterContinental Exchange Futures) following the 27 February’s trading the value of April’s futures for Brent crude increased in price by $1.18 (1.8%) up to $66.39 a barrel. By this contract trading The price for April’s futures for Brent reduced by 8.00 am by $0.21 (0.32%) to $66.18 a barrel.