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Azerbaijani oil price declines

Oil&Gas Materials 29 October 2024 09:55 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 29. The cost of Azerbaijani Azeri Light crude oil decreased by $3.79, settling at $72.84 per barrel based on CIF in the Italian port of Augusta on October 28, 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 $3.76 (to $71.4 per barrel).

The price of URALS was $59.78 per barrel, $3.78 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $3.64 on October 28, compared to the previous indication, to $72.2.

The official exchange rate on October 29 is 1.7 AZN/1 USD.

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