Azerbaijani oil drops in price


November 7, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $1.78 (2.38%).

Cost of oil grade Azeri Light is now $72.87 a barrel.

At the New York Merchant Exchange (NYMEX) following the previous trading the value of December’s futures of oil grade WTI crude fell in price by $0.89 (1.41%) to $62.21 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading for January 2019 the cost of December’s futures of oil grade of Brent crude increased by $1.04 (1.42%) up to $72.13 a barrel.

The price difference of grades Brent and WTI is today $9.92 on a barrel.