Prices for oil return to rise, and Azeri Light grows up to $68.83 a barrel

12.07.2019,12:05


July 12, Fineko/abc.az. Azerbaijani oil Azeri Light has grown in price by $0.72 (1.06%) up to $68.83 a barrel.

The prices for oil of standard grades have returned to rise in trading on Friday after their decline on Thursday.

Following Thursday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of September’s futures of Brent oil decreased by $0.49 (0.73%) to $66.52 a barrel.

On Friday, Brent oil futures for September grew in price by $0.44 (0.66%) up to $66.96 a barrel by 9:15 am.

Following the 11 July trading at the NIMYX Exchange the price of August’s futures of WTI oil soared by $0.23 (0.38%) up to $60.20 a barrel.

On Friday, the cost of WTI oil futures for August increased in price by $0.37 (0.61%) up to $60.57 a barrel by 9:15 am.