11:44 - 29.05.2019

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May 29, Fineko/abc.az. Azerbaijani oil Azeri Light has grown in price by $1.47 (2.07%) up to $72.42 a barrel.

Oil of standard grades has become cheaper on Wednesday after the next news about increasing of tension in relationships between the U.S. and China.

Following the 28 May trading at the New York Merchant Exchange (NYMEX), the WTI oil futures for July rose in price by $0.51 (0.87%) up to $59.14 a barrel.

Cost of WTI oil futures for July declined in price by $0.61 (1.01%) up to $58.54 a barrel by 09:30 am.

Following Tuesday’s trading at the London ICE (InterContinental Exchange Futures; ICE Futures) the price of contracts of July’s futures of Brent oil remained the same and made up $70.11 a barrel.

July’s futures for Brent fell in price by $0.45 (0.64%) to $69.66 a barrel by 09:30 am on Wednesday.