Cost of Azerbaijani oil is $78.15 a barrel

10:34 - 29.08.2018


August 29, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.64 (0.83%).

Cost of oil grade Azeri Light is now $78.15 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 28 August the value of October’s futures of oil grade WTI crude decreased by $0.34 (0.49%) to $68.53 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on 28 August the cost of October’s futures of oil grade of Brent crude decreased by $0.26 (0.34%) to $75.95 a barrel.

The price gap between Brent and WTI following trading on 28 August is $7.42 on a barrel.

 

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