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Azerbaijani oil prices rise

Oil&Gas Materials 28 August 2024 09:37 (UTC +04:00)
Azerbaijani oil prices rise
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 28. The price of Azerbaijani Azeri Light crude oil increased by $2.89 to $83.76 per barrel based on CIF in the Italian port of Augusta on August 27, 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 rose by $2.87 (to $82.65 per barrel).

The price of URALS equaled $67.99 per barrel, which is $1.22 up from the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea went up by $1.28 on August 27, compared to the previous indication, to $82.35.

The official exchange rate for August 28 stands at 1.7 AZN/1 USD.

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