Cost of Azeri Light is $79.44 a barrel

15:47 - 10.07.2018


July 10, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light increased by $1.14 (1.46%).

Cost of a barrel of oil of Azeri Light brand is now $79.44 a barrel.

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

At the New York Merchant Exchange (NYMEX) following the trading on 9 July the value of August’s futures of oil grade WTI, compared to last closing of trading (July 6 - $73.80 a barrel), grew by $0.05 (0.07%) up to $73.85 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of September’s futures of oil grade of Brent crude, compared to last closing of trading (July 6 - $77.11 a barrel), increased by $0.96 (1.25%) up to $78.07 a barrel.

The price gap between Brent and WTI following trading on 9 July is $4.22 on a barrel.

 

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