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Oil drops, and Azeri Light falls in price by 0.94%

07.11.2019,09:50

November 7, Fineko/abc.az. The cost of Azerbaijani crude oil Azeri LT CIF has decreased by $0.64 (0.94%) to $67.40 a barrel.

Prices for oil of standard grades on Thursday continue their decline after falling the day before.

Following the trading on 6 November at the London ICE Futures Exchange, the price of January’s futures for Brent reduced by $1.22 (1.94%) to $61.74 a barrel.

January’s futures for Brent fell by $0.08 (0.13%) to $61.66 a barrel by 9:20 am.

Following the trading on 6 November at the New York Mercantile Exchange (NYMEX), the price for December’s WTI futures fell by $0.88 (1.54%) to $56,35 a barrel.

WTI crude futures for December by 9:20 am fell by $0.06 (0.11%) to $56.29 a barrel.