Price for oil falls after last week’s rise and for Azeri Light to $68.70 a barrel

15.07.2019,11:55


July 15, Fineko/abc.az. Azerbaijani oil Azeri Light has declined in price by $0.13 (0.19%) to $68.70 a barrel.

The prices for oil of standard grades decrease moderately after last week’s growth. Last week Brent grew in price by 3.9%, while WTI jumped by 4.7%.

Following Friday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of September’s futures of Brent oil increased by $0.20 (0.3%) up to $66.72 a barrel.

On Monday, Brent oil futures for September declined in price by $0.13 (0.19%) to $66.59 a barrel by 9:45 am.

Following the 12 July trading at the NIMYX Exchange the price of August’s futures of WTI oil grew by $0.01 (0.02%) up to $60.21 a barrel.

On Monday, the cost of WTI oil futures for August dropped in price by $0.22 (0.37%) to $59.99 a barrel by 9:45 am.