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Oil prices change in different directions, Azeri Light falls by $1.2

03.02.2020,10:55


February 3, Fineko/abc.az. Oil prices are changing in different directions on Monday.

Following the trading on 31 January at the London ICE Futures Exchange the price of April’s Brent oil futures fell by $0.71 (1.24%) to $56.62 per barrel. By 9:30 am, Brent futures for April declined by $0.04 (0.07%) to $56.58 per barrel.

At the end of trading on 31 January at the New York Mercantile Exchange (NYMEX), March’s WTI futures fell by $0.58 (1.11%) to $51.56 per barrel. By 9:30 am, March’s WTI futures increased by $0.26 (0.50%) up to $51.82 per barrel.

In January, WTI dropped by 16.3%, while the price of Brent by 12%.

Azerbaijani oil Azeri Light brand fell by $1.20 (1.9%) to 62.15 per barrel.