Azerbaijani Oil Price Exceeds Amid Global Market Surge
Date
10/2/2024 7:12:40 AM
(MENAFN- AzerNews)
Akbar Novruz
Read more
Oil prices have risen on global markets, with Azerbaijani oil
following suit.
According to Azernews , the price of one barrel
of "Azeri Light" brand oil increased by $2.5 or 3.32 percent,
reaching $77.69. This is part of a broader trend of rising oil
prices.
On the London InterContinental Exchange (ICE), the price of
Brent crude oil rose by $1.16, bringing it to $74.72 per barrel.
Meanwhile, on the New York Mercantile Exchange (NYMEX), the price
of a barrel of Light crude oil climbed by $1.22, amounting to
$71.05.
It is noteworthy that the lowest price for "Azeri Light" oil was
recorded on April 21, 2020, at $15.81, while its maximum price was
$149.66 in July 2008.
MENAFN02102024000195011045ID1108738789
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.