Oil drops in price: Brent - $83.81 a barrel

10:14 - 17.07.2026


July 17, Fineko/abc.az. Prices for oil of benchmark grades are declining in Friday’s trading.

By 10:10, the price of September’s futures contract for Brent crude oil at the ICE Futures exchange fell by $0.42 (0.50%) to $83.81 per barrel. At the end of trading on July 16, September’s Brent crude oil futures decreased by $0.72 (0.85%) to $84.23 per barrel.

On the New York Mercantile Exchange (NYMEX), August’s WTI crude oil futures dropped by $0.23 (0.29%) to $78.72 per barrel by 10:10. Following the trading on July 16, the price of August’s WTI oil futures observed decline by $0.65 (0.82%) to $78.95 per barrel.

The price of Azeri Light at the global market grew by $1.99 (2.29%) up to $88.82 per barrel.