Azerbaijani oil exceeds

26 November 2024

Azerbaijani oil exceeds $52

14:38 09 June 2016 Read: 1447

Azerbaijani oil exceeds $52

The price of Azeri Light has risen by $0.89 or 1.73% to become $52.37 a barrel.

The WTI crude oil (NYMEX) rose $0.0.28 to $51.51 a barrel.

Brent crude went up $0.17 to close at $52.68 a barrel.

Reason of the oil price rise is decline in oil reserves in the US. The reserves decreased 3.2 mln barrels.

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