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Price of Azerbaijani oil Azeri Light drops

30.05.2019,11:13


May 30, Fineko/abc.az. Azerbaijani oil Azeri Light has decreased in price by $1.28 (1.77%) up to $71.14 a barrel.

The prices for oil of standard grades in today’s trading are growing after the decline a day before.

Following the 29 May trading at the New York Merchant Exchange (NYMEX), the WTI oil futures for July fell in price by $0.33 (0.56%) to $58.81 a barrel.

In Thursday’s trading the cost of WTI oil futures for July has grown in price by $0.38 (0.65%) up to $59.19 a barrel by 09:30 am.

Following Wednesday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of contracts of July’s futures of Brent oil decreased by $0.66 (0.94%) to $69.45 a barrel.

July’s futures for Brent increased in price by $0.28 (0.4%) up to $69.73 a barrel by 09:30 am on Thursday.