Today.Az » Business » Oil prices fluctuate in world markets, Azerbaijani oil sees significant rise
04 October 2024 [10:26] - Today.Az


Oil prices have seen slight changes in global markets, Azernews reports.

The price for the December 2024 contract of Brent oil on the London ICE exchange decreased by 0.09%, settling at $77.55 per barrel.

Meanwhile, the price for one barrel of WTI (West Texas Intermediate) crude for November export on the New York NYMEX exchange fell by 0.07%, reaching $73.66 per barrel.

In contrast, Azerbaijani oil has seen a significant rise, with the price of Azeri Light (CIF) branded oil increasing by $3.15, or 4.1%.

Yesterday, Azerbaijani oil was traded at $76.89.

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.



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