BAKU, Azerbaijan, February 5. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta increased by $0.27 (0.34 percent) on February 4 compared to the previous rate, standing at $78.42 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 also went up by $0.27 (0.35 percent) to $77.23 per barrel.
The price of URALS crude lowered by $0.30 (0.48 percent) from the previous rate, amounting to $62.57 per barrel.
The price of North Sea benchmark crude, Dated Brent, rose by $0.29 (0.38 percent) compared to the previous rate, standing at $76.37 per barrel.
The official exchange rate for February 5 is 1.7 AZN/USD.
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