Oil has decreased in price a little

11:38 - 18.01.2019


January 18, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $0.14 (0.23%).

Today cost of oil grade Azeri Light is $62.61 a barrel.

At the New York Merchant Exchange (NYMEX) following the trading on 17 January the value of February’s futures of oil grade WTI declined in price by $0.24 (0.46%) to $52.07 a barrel.

At the London ICE (InterContinental Exchange Futures) following the Thursday’s trading the cost of March’s futures of oil grade of Brent crude fell by $0.14 (0.23%) to $61.18 a barrel.

The difference in price of the WTI and Brent grades is $9.11 on a barrel.

 

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