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Azerbaijani oil prices edge down

Oil&Gas Materials 24 October 2024 09:19 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 24. The cost of Azerbaijani Azeri Light crude oil took a slight dip of $1.03, settling at $75.53 per barrel based on CIF in the Italian port of Augusta on October 23, 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 went down by $1 (to $74.04 per barrel).

The price of URALS amounted to $62.47 per barrel, which is $1.02 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $1.03 on October 23, compared to the previous indication, to $74.74.

The official exchange rate on October 24 is 1.7 AZN/1 USD.

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