Azerbaijani oil has fallen in price


April 12, Fineko/ The price of Azerbaijani oil Azeri LT CIF declined by $0.25 (0.34%) to $73.73 a barrel.

Following the 11 April trading at the New York Merchant Exchange (NYMEX), the contract for May’s futures WTI fell in price by $1.03 (1.59%) to $63.58 a barrel.

Cost of WTI oil futures for May increased by $0.28 (0.44%) up to $63.86 a barrel by 9:15 am.

Following Thursday’s trading at the London ICE (InterContinental Exchange Futures) the ICE Futures contracts of June’s futures of Brent oil dropped in price by $0.9 (1.25%) to $70.83 a barrel by the closure of trading.

June’s futures for Brent increased by $0.26 (0.37%) to $71.09 a barrel by 9:15 am.