Price of Azerbaijan’s oil increased

11:53 - 7.06.2018


June 7, Fineko/abc.az. Cost of a barrel of Azerbaijan's oil Azeri Light has grown by $0.42 (0.55%).

The price of oil grade Azeri Light is now $76.13 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 July’s futures of oil grade WTI, compared to last closing of trading ($64.73 a barrel),   increased by $0.33 up to $65.06 a barrel.

At the London ICE (InterContinental Exchange Futures) the cost of July’s futures of oil grade of Brent crude, compared to last closing of trading ($75.36 a barrel), grew by $0.48 up to $75.84 a barrel.

The price gap between Brent and WTI is now $10.63 on a barrel.

 

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