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Oil falls in price, and cost of Azeri Light drops by 1%

29.10.2019,11:04


October 29, Fineko/abc.az. Azerbaijani crude oil Azeri LT CIF has decreased in price by $0.65 (1%) to $65.35 a barrel.

Oil prices declined on Monday and continue falling in current trading.

Following the trading on 28 October at the London ICE Futures Exchange, the price of December’s Brent futures fell by $0.45 (0.73%) to $61.57 per barrel.

December’s futures for Brent decreased by $0.20 (0.32%) to $61.37 per barrel by 9:30 am.

Following the trading on 28 October at the New York Mercantile Exchange (NYMEX), December’s WTI futures dropped in price by $0.85 (1.5%) to $55.81 per barrel.

WTI crude futures for December fell in price by $0.20 (0.36%) to $55.61 per barrel by 9:30 am.