Price for oil keeps on falling, and for Azeri Light by 3.5%

11:56 - 18.07.2019


July 18, Fineko/abc.az. Azerbaijani oil Azeri Light has dropped in price by $2.39 (3.5%) to $66.17 a barrel.

Oil prices change slightly during trading on Thursday after a sharp decline a day before.

Following Wednesday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of September’s futures of Brent oil declined by $0.69 (1.1%) to $63.66 a barrel.

On Thursday, Brent oil futures for September grew in price by $0.12 (0.19%) up to $63.78 a barrel by 9:10 am.

Following the 17 July trading at the NIMYX Exchange the price of August’s futures of WTI oil decreased by $0.84 (1.6%) to $56.78 a barrel.

On Thursday, the cost of WTI oil futures for August grew in price by $0.01 (0.02%) up to $56.79 a barrel by 9:10 am.

 

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