Oil keeps on falling, and Azeri Light brand falls in price by 2%


January 27, Fineko/abc.az. Oil prices continue to decline in Monday's trading.

Following the trading on 24 January, March’s Brent oil futures at the London ICE Futures Exchange decreased in price by $1.35 (2.18%) to $60.69 per barrel. Its price fell by $1.4 (2.31%) to $59.29 per barrel by 9:25 am.

At the end of trading on 24 January at the New York Mercantile Exchange (NYMEX), March’s WTI futures fell by $1.4 (2.52%) to $54.19 per barrel. The WTI futures for March decreased by $1.31 (2.42%) to $52.88 per barrel by 9:25 am.

The price of Azeri Light oil dropped by $1.34 (2.04%) to $64.37 per barrel.