Prices for oil rise


July 1, Fineko/abc.az. Azerbaijani oil Azeri Light has increased in price by $0.37 (0.55%) up to $67.67 a barrel.

Following Friday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of August’s futures of Brent oil did not change and stayed at the level of $66.55 a barrel.

On Monday, trading for Brent oil futures for September, which grew in price by $1.58 (2.44%) up to $66.32 a barrel by 9:20 am, started.

Following the 28 June trading at the New York Merchant Exchange (NYMEX), the WTI oil futures for August declined in price by $0.96 (1.62%) to $58.47 a barrel.

On Monday, the cost of WTI oil futures grew in price by $1.38 (2.36%) up to $59.85 a barrel by 9:10 am.