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Azerbaijani oil prices decline

Oil&Gas Materials 28 March 2024 09:14 (UTC +04:00)
Azerbaijani oil prices decline
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, March 28. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on March 27 declined by 79 cents, standing at $87.51 per barrel, compared to the previous indicator, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan decreased by 78 cents (to $85.98 per barrel).

The price of URALS equaled $68.44 per barrel, which is 82 cents lower than the previous price.

In general, the price of a barrel of Dated Brent oil produced in the North Sea dropped by 91 cents on March 27 compared to the previous indication, to $85.09.

The official rate is 1.7 AZN/1 USD on March 28.

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