Azerbaijani oil falls in price


November 8, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.04 (0.05%).

Cost of oil grade Azeri Light is now $72.83 a barrel.

At the New York Merchant Exchange (NYMEX) following the previous trading the value of December’s futures of oil grade WTI crude dropped in price by $0.54 (0.87%) to $61.67 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 decreased by $0.06 (0.08%) to $72.07 a barrel.

The price difference of grades Brent and WTI is today $10.4 on a barrel.