Azerbaijani oil prices rise

Oil&Gas Materials 25 June 2024 09:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 25. The cost of Azerbaijani Azeri Light crude oil shot up by $0.09, reaching $88.58 per barrel based on CIF in the Italian port of Augusta on June 24, compared to the previous reading, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan increased by $0.11 (to $87.16 per barrel).

The price of URALS equaled $71.99 per barrel, which is $0.08 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea rose by $0.1 on June 24, compared to the previous indication, to $87.12.

The official rate is 1.7 AZN/1 USD on June 25.

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