Azerbaijani oil drops in price


March 7, Fineko/ Azerbaijani oil grade Azeri Azeri LT CIF has declined in price by $0.18 (0.27%).

Today the price of oil grade Azeri Light is $66.98 a barrel.

Following the 6 March trading session at the New York Merchant Exchange (NYMEX) the value of April’s futures of oil grade WTI decreased by $0.34 (0.6%) to $56.22 a barrel.

At the London ICE (InterContinental Exchange Futures) following Wednesday’s trading the value of May’s futures for Brent crude grew in price by $0.13 (0.2%) up to $65.99 a barrel.

WTI oil futures for April increased in price by 9:15 am by $0.15 (0.27%) up to $56.37 a barrel.

May’s futures for Brent crude oil at the London Stock Exchange ICE Futures rose by $0.25 (0.38%) up to $66.24 a barrel by 9:15 am.