Azerbaijani Oil Prices Decline

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 28. The price ofAzerbaijani Azeri Light crude oil based on CIF in the Italian portof Augusta on March 27 declined by 79 cents, standing at $87.51 perbarrel, compared to the previous indicator, Trend reports, referringto the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan decreased by 78 cents (to$85.98 per barrel).

The price of URALS equaled $68.44 per barrel, which is 82 centslower than the previous price.

In general, the price of a barrel of Dated Brent oil produced inthe North Sea dropped by 91 cents on March 27 compared to theprevious indication, to $85.09.

The official rate is 1.7 AZN/1 USD on March 28.

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