Oil prices decline

11:23 - 16.04.2019


April 16, Fineko/abc.az. The price of Azerbaijani oil Azeri light decreased by $0.55 (0.74%) to $73.58 a barrel.

Following the 15 April trading at the New York Merchant Exchange (NYMEX), the contract for May’s futures WTI fell in price by $0.49 (0.77%) to $63.40 a barrel.

Cost of WTI oil futures for May dropped by $0.05 (0.08%) to $63.35 a barrel by 9:15 am.

Following Monday’s trading at the London ICE (InterContinental Exchange Futures) the ICE Futures contracts of June’s futures of Brent oil declined in price by $0.37 (0.52%) to $71.18 a barrel.

June’s futures for Brent fell by $0.17 (0.24%) to $71.01 a barrel by 9:15 am.

 

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