Oil market continues falling after Wednesday`s trading decline

23.05.2019,11:54


May 23, Fineko/abc.az. Azerbaijani oil Azeri Light has decreased in price by $0.66 (0.88%) to $74.20 a barrel.

Following the 22 May trading at the New York Merchant Exchange (NYMEX), the WTI oil futures for July fell in price by $1.71 (2.71%) to $61.42 a barrel.

Cost of WTI oil futures for July dropped in price by $0.38 (0.62%) to $61.04 a barrel by 09:20 am.

Following Wednesday’s trading at the London ICE (InterContinental Exchange Futures) the ICE Futures contracts of July’s futures of Brent oil declined in price by $1.19 (1.65%) to $70.99 a barrel.

July’s futures for Brent fell by $0.48 (0.68%) to $70.51 a barrel by 09:20 am on Thursday.