Price of oil Azeri Light rises


May 15, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.81 (1.04%).

Cost of oil grade Azeri Light is now $78.61 a barrel.

The lowest price for Azeri Light was fixed in December 2001 - $19.15 and highest price in July 2008 - $149.66.

At the London ICE (InterContinental Exchange Futures) the cost of one barrel of Brent crude grew by $0.95 up to $78.25. At the New York Merchant Exchange (NYMEX) the value of WTI crude declined by $0.37 to $70.91 a barrel. The price gap between Brent and WTI is now $7.34 on a barrel.


Keywords: Azeri Light