(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. The price for
Azerbaijani Azeri Light oil on a CIF basis in the Italian port of
Augusta on October 25 increased by $0.68 and amounted to $92.39 per
barrel, Trend reports, referring to the source from the
country's oil and gas market.
The price of Azeri Light on a FOB basis in the Turkish port of
Ceyhan increased by $0.58 to $90.32 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
$76.76 per barrel, up by $0.53 as compared to the previous
The cost of a barrel of Dated Brent oil, produced in the North
Sea, rose by $0.58 compared to the previous price and reached
$89.04 per barrel on October 25.
The official rate is 1.7 AZN/1 USD on October 26.
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