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Prices for oil slumped in trading on Thursday, while Azeri Light fell in price a little

03.05.2019,10:07


May 3, Fineko/abc.az. Azerbaijani oil Azeri light has declined in price by $0.09 (0.12%) to $74.88 a barrel.

Following the 2 May trading at the New York Merchant Exchange (NYMEX), the contract for June’s futures WTI slumped in price by $1.79 (2.81%) to $61.81 a barrel.

Quotations of WTI oil futures for June fell in price by $0.13 (0.21%) to $61.68 a barrel by 9:30 am.

Following Thursday’s trading at the London ICE (InterContinental Exchange Futures) the ICE Futures contracts of June’s futures of Brent oil grew in price by $1.43 (1.98%) up to $70.75 a barrel.

July’s futures for Brent fell by $0.31 (0.44%) to $70.44 a barrel by 9:30 am.