Cost of Azerbaijani oil rises, while price of standard grades falls


March 28, Fineko/abc.az. Azerbaijani oil grade Azeri Azeri has increased in price by $0.08 (0.12%) up to $69.46 a barrel.

Following the 27 March trading session at the New York Merchant Exchange (NYMEX) the value of May’s futures of oil grade WTI declined by $0.53 (0.88%) to $59.41 a barrel.

The quotations of WTI futures for May fell by $0.25 (by 0.42%) to $59.16 a barrel in the morning.

At the London ICE (InterContinental Exchange Futures) following Wednesday’s trading the Brent crude declined in price by $0.14 (0.21%) to $67.83 a barrel.

Cost of May’s futures for Brent crude oil decreased by $0.10 (0.15%) to $67.73 a barrel by 9:10 am.