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Azerbaijani oil increases in price

Oil&Gas Materials 7 August 2024 09:21 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 7. The price of Azerbaijani Azeri Light crude oil increased by 10 cents to $79.83 per barrel based on CIF in the Italian port of Augusta on August 6, 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 grew by 11 cents (to $78.59 per barrel).

The price of URALS equaled $64.66 per barrel, which is 25 cents up from the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea went down by 42 cents on August 6, compared to the previous indication, to $76.28.

The official exchange rate for August 7 stands at 1.7 AZN/1 USD.

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