Cost of Azeri Light has risen


May 23, Fineko/ The price of a barrel of Azerbaijan's oil Azeri Light on the world market has grown by $1.42 (1.78%).

Cost of oil grade Azeri Light is now $81.32 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 New York Merchant Exchange (NYMEX) the value of WTI crude declined by $0.22 (0.30%) to $71.98 a barrel.

At the London ICE (InterContinental Exchange Futures) the cost of one barrel of Brent crude has dropped by $0.37 (0.46%) to $79.20 a barrel.

The price gap between Brent and WTI is now $7.22 on a barrel.