Oil price observes decline, and cost of Azeri Light falls by 2.6%

11:07 - 19.11.2019

November 15, Fineko/abc.az. Azerbaijani crude oil Azeri Light has decreased by $1.79 (2.6%) to $66.91 a barrel.

Today, prices for oil of standard grades have been falling for the second day running.

Following the trading on 18 November at the London ICE Futures Exchange, the price of January’s futures for Brent dropped by $0.86 (1.36%) to $62.44 a barrel.

January’s Brent futures fell by $0.10 (0.16%) to $62.34 per barrel by 9:10 a.m.

Following the trading on 18 November at the New York Mercantile Exchange (NYMEX), December’s WTI futures decreased in price by $0.67 (1.16%) to $57.05 a barrel.

WTI crude futures for December declined by $0.12 (0.21%) to $56.93 a barrel by 9:10 a.m.

 

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