Cost of Azerbaijan’s oil rises

11:52 - 12.06.2018


June 12, Fineko/abc.az. The price of a barrel of Azerbaijan's oil Azeri Light has grown by $0.01 (0.01%).

The price of oil grade Azeri Light is now $77.38 a barrel.

The lowest price for Azeri Light was fixed in December 2001 - $19.15 and highest price in July 2008 - $149.66.

At the New York Merchant Exchange (NYMEX) following the trading the value of July’s futures of oil grade WTI, compared to last closing of trading ($65.74 a barrel), increased by $0.36 (055%) up to $66.10 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of July’s futures of oil grade of Brent crude, compared to last closing of trading ($77.32 a barrel), declined by $0.86 to $76.46 a barrel.

The price gap between Brent and WTI by closing of trading is $10.36.

 

 

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