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Oil falls in price on Friday, after its rise on Thursday, and Azeri Light drops by 0.5%

18.10.2019,10:48


October 18, Fineko/abc.az. The price of Azeri Light oil declined by $0.32 (0.5%) to $63.29 a barrel.

Oil prices have decreased on Friday, after their rising on Thursday.

At the end of trading at the London ICE Futures Exchange on 17 October, the price of December’s futures for Brent oil increased by $0.49 (0.82%) up to $59.91 a barrel.

The cost of December’s futures for Brent oil at the London ICE Futures Exchange fell by $0.36 (0.60%) to $59.55 a barrel by 9:25 am.

At the end of trading on 17 October at the New York Mercantile Exchange (NYMEX), WTI oil futures for November rose in price by $0.57 (1.07%) up to $53.93 a barrel.

WTI crude futures for November in electronic trading at NYMEX declined by $0.14 (0.26%) to $53.79 a barrel by 9:25 am.