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Azerbaijan's Oil Price Goes Down
(MENAFN- AzerNews)
Ulviyya Shahin
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Azerbaijani oil has fallen in the world market, Azernews reports.
That the price of one barrel of "Azeri Light" brand oil decreased by $1.09 or 1.22 percent to $88.46.
Note that the lowest price of "Azeri Light" oil was recorded on April 21, 2020 (US$15.81), and the maximum price was recorded in July 2008 (US$149.66).
Global oil markets experienced a decline in prices
The price of Brent crude oil on the London ICE (InterContinental Exchange Futures) dropped by $2.48 to trade at $82.63, while the price of Light crude oil on the NYMEX (New York Mercantile Exchange) decreased by $2.69 to stand at $80.13.
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