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Prices for oil drop, and Azeri Light falls by 0.6%

16.08.2019,13:04


August 16, Fineko/abc.az. Azerbaijani oil Azeri Light has decreased in price by $0.37 (0.6%) up to $61.44 a barrel.

The oil market recovers in the course of trading on Friday. Since the beginning of the week, Brent oil has risen by 0.2% and WTI by 0.9%.

Following the 15 August trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of October’s futures of Brent oil declined by $1.25 (2.1%) up to $58.23 a barrel.

On Friday, Brent oil futures for October has grown in price by $0.76 (1.31%) up to $58.99 a barrel by 9:15 am.

Following the 15 August trading at the NIMYX Exchange the price of September’s futures of WTI oil declined by $0.76 (1.38%) up to $54.47 a barrel.

On Friday, the cost of WTI oil futures for September has increased in price by $0.86 (1.58%) up to $55.33 a barrel by 9:15 am.