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Azerbaijani oil surges in price

Oil&Gas Materials 2 November 2024 12:56 (UTC +04:00)
Azerbaijani oil surges in price
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 2. The cost of Azerbaijani Azeri Light crude oil increased by $0.95, settling at $74.8 per barrel based on CIF in the Italian port of Augusta on November 1, 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 up by $0.97 (to $73.66 per barrel).

The price of URALS was $61.55 per barrel, $0.79 more than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea grew by $0.81 on November 1, compared to the previous indication, to $74.17.

The official exchange rate on November 2 is 1.7 AZN/1 USD.

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