Azerbaijani oil price goes

28 June 2026

Azerbaijani oil price goes down

14:41 16 June 2016 Read: 991

Azerbaijani oil price goes down

The price of Azeri Light went down $0.16 or 0.32% to $ 49.52 a barrel.

The US NYMEX crude price dropped $0.42 to $47.59 a barrel.

Brent crude went down $0.31 to close at $48.66 a barrel - the lowest since May 24.

Oil price decline was allegedly caused by increase of oil wells in the US and coming UK`s referendum. The oil price decline was accelerated by the Federal Reserve’s decision on leaving interest rates unchanged on Wednesday.

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