Oil prices have gone up

11:31 - 10.01.2019


January 10, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $2.86 (4.8%).

Today cost of oil grade Azeri Light is $62.49 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 9 January the value of February’s futures of oil grade WTI soared in price by $2.58 (5.18%) up to $52.36 a barrel.

At the London ICE (InterContinental Exchange Futures) following Wednesday’s trading the cost of March’s futures of oil grade of Brent crude jumped by $2.72 (4.63%) up to $61.44 a barrel.

The difference in price of the WTI and Brent grades is $9.08 on a barrel.

 

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