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Azerbaijani oil prices rise

Oil&Gas Materials 31 December 2024 10:29 (UTC +04:00)
Azerbaijani oil prices rise
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 31. On December 30, the price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.33 compared to the previous rate, reaching $76.45 per barrel, Trend reports, citing a source in the country's oil and gas market.

On a FOB basis in the Turkish port of Ceyhan, the price of Azeri Light increased by $0.34 to $75.17 per barrel.

The price of URALS crude rose by $0.32 from the previous rate, reaching $61.95 per barrel.

The price of North Sea benchmark crude, Dated Brent, fell by $0.01 compared to the previous rate, standing at $74.08 per barrel.

The official exchange rate for December 31 is 1.7 AZN/USD.

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