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Azerbaijani oil prices slightly decline

Oil&Gas Materials 28 September 2024 10:24 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 28. The cost of Azerbaijani Azeri Light crude oil took a slight dip of $1,08, settling at $74.35 per barrel based on CIF in the Italian port of Augusta on September 27, when stacked against the last figure, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan also went down by $1.1 (to $73.33 per barrel).

The price of URALS equaled $59.03 per barrel, which is $0.51 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $0.52 on September 27, compared to the previous indication, to $71.98.

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

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