Oil falls in price and Azeri Light by 0.45%


February 18, Fineko/abc.az. Oil prices decline during the trading on Tuesday.

Following the trading on 17 February at the London ICE Futures Exchange the price of April’s futures for Brent oil rose by $0.35 (0.61%) up to $57.67 per barrel. By 9:30 am, Brent futures for April fell $0.65 (1.13%) to $57.02 per barrel.

On Monday, 17 February, trading at the New York Mercantile Exchange (NYMEX) was not conducted in connection with the holiday "President Day". By 9:30 am on Tuesday, March’s WTI futures decreased by $0.40 (0.77%) to $51.65 per barrel.

Azerbaijani oil Azeri Light dropped by $0.28 (0.45%) to $61.26 per barrel.