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Azerbaijani oil falls in price

10.07.2019,12:10


July 10, Fineko/abc.az. Azerbaijani oil Azeri Light has decreased in price by $0.77 (1.16%) to $65.78 a barrel.

Unlike Azeri Light, oil of standard grades is steadily rising in price, and Brent is traded above $64.8 a barrel.

Following Tuesday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of September’s futures of Brent oil increased by $0.05 (0.08%) up to $64.16 a barrel.

On Wednesday, Brent oil futures for September grew in price by $0.65 (1.01%) up to $64.81 a barrel by 9:10 am.

Following the 9 July trading at the NIMYX Exchange the price of August’s futures of WTI oil rose by $0.17 (0.29%) up to $57.83 a barrel.

On Wednesday, the cost of WTI oil futures for August increased in price by $0.80 (1.38%) up to $58.63 a barrel by 9:10 am.