Azerbaijani Oil Price Drops


(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 16. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on March 15 decreased by $0.65, reaching $87.74 per barrel compared to the previous indicator, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan declined by $0.65 (to $86.2 per barrel).

The price of URALS equaled $68.3 per barrel, which is $0.11 lower than the previous price.

In general, the price of a barrel of Dated Brent oil produced in the North Sea decreased by $0.18 on March 15 compared to the previous indication, to $85.37.

The official rate is 1.7 AZN/1 USD on March 16.

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