11:19 - 24.07.2018

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July 24, Fineko/abc.az. Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.1 (1.48%).

The price of a barrel of oil of Azeri Light brand is now $75.22 a barrel.

The lowest price of 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 on 23 July the value of August’s futures of oil grade WTI, compared to last closing of trading (July 20 - $70.46 a barrel), decreased by $2.57 (3.65%) to $67.89 a barrel.

At the London ICE (InterContinental Exchange Futures) following the trading, the cost of September’s futures of oil grade of Brent crude, compared to last closing of trading (July 20 - $73.07 a barrel), declined a little by $0.01 (0.01%) to $73.06 a barrel.

The price gap between Brent and WTI following trading on 23 July is $5.17 on a barrel.