Prices for oil drop

11:35 - 7.12.2018


December 7, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has decreased by $3.81 (5.95%).

The price of oil grade Azeri Light is now $60.24 a barrel.

At the New York Merchant Exchange (NYMEX) following the last trading the value of January’s futures of oil grade WTI declined in price by $1.4 (2.65%) to $51.49 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading on Thursday the cost of February’s futures of oil grade of Brent crude slumped by $1.5 (2.44%) to $60.06 a barrel.

The price difference of grades Brent and WTI is today $8.57.

 

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