BAKU, Azerbaijan, March 5
By Sadraddin Aghjayev - Trend:
Price of Azerbaijani Azeri Light oil on the basis of CIF (cost, insurance and freight) in Italian port of Augusta increased by $0.61 compared to the previous figure and amounted to $118.78 per barrel on March 4, Trend reports via a source in Azerbaijan’s oil and gas market.
Price of Azeri Light increased by $0.67 to $116.81 per barrel based on FOB in the Turkish port of Ceyhan.
Cost of Urals oil sold by Azerbaijan from the Russian Black Sea port of Novorossiysk through the Baku-Novorossiysk pipeline, decreased by $5.09 compared to the previous figure, amounting to $85.44 per barrel.
Price of a barrel of Brent Dated oil extracted from the North Sea was raised by $0.39 compared to the previous figure - to $120.23 per barrel on March 4.
Official exchange rate is 1.7 AZN/USD on March 5.