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Oil prices are stable after their sharp rise, and Azeri Light grows by 1.5%

13.02.2020,11:09


February 13, Fineko/abc.az. Oil is stable in trading on Thursday after a jump following the Wednesday’s session.

At the end of trading on 12 February at the London ICE Futures Exchange, the price of April’s Brent oil futures rose by $1.78 (3.3%) up to $55.79 per barrel. By 9:35 am, Brent futures for April fell by $0.08 (0.14%) to $55.71 per barrel.

Following the trading on 12 February at the New York Mercantile Exchange (NYMEX), March’s WTI futures increased by $1.23 (2.46%) up to $51.17 per barrel. By 9:35 am March’s futures of WTI grew in price by $0.06 (0,12%) up to $51.23 per barrel.

Azerbaijani oil Azeri Light brand increased in price by $0.91 (1.53%) up to $60.53 per barrel.