Later last week oil prices fell


October 21, Fineko/abc.az. At the end of last week Azerbaijani crude oil Azeri Light increased in price by $0.70 (1.1%) up to $63.99 a barrel.

Prices for oil of standard grades decrease in trading on Monday after their falling following the past week.

At the end of trading on 18 October at the London ICE Futures Exchange the price of December’s Brent futures fell by $0.49 (0.82%) to $59.42 a barrel.

December’s Brent futures fell in price by $0.17 (0.29%) to $59.25 a barrel by 9:30 am.

Following the trading on 18 October at the New York Mercantile Exchange (NYMEX), the price of WTI futures for November declined by $0.15 (0.28%) to $53.78 a barrel.

WTI crude futures for November fell by $0.11 (0.2%) to $53.67 a barrel by 9.30 am.

Brent decreased by 1.8% and WTI by 1.7% last week.