Azerbaijani Oil Prices Decrease

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 3. The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on October 2 decreased by $2.34 and amounted to $97.77 per barrel, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri Light on FOB basis in the Turkish port of Ceyhan decreased by $2.33 to $96.78 per barrel.

Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline. The price of URALS with shipment from the port equaled $80.19 per barrel, down by $2.08 as compared to the previous price.

The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by $1.77 compared to the previous price and made up $94.56 per barrel on October 2.

The official rate is 1.7 AZN/1 USD on October 3.


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.