Azerbaijani Oil Prices Tumble


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 1. The price ofAzerbaijani Azeri Light crude oil based on CIF in the Italian portof Augusta on April 30 fell by $0.67, standing at $89.1 per barrel,compared to the previous indicator, Trend reports, referring to the source from thecountry's oil and gas market.

The price of Azeri LT FOB Ceyhan decreased by $0.65 (to $87.5per barrel).

The price of URALS equaled $70.66 per barrel, which is $0.9 lessthan the previous price.

Overall, the price of a barrel of Dated Brent oil produced inthe North Sea decreased by $0.89 on April 30, compared to theprevious indication, and amounted to $87.97.

The official rate is 1.7 AZN/1 USD on May 1.

Stay up-to-date with more news on Trend NewsAgency's WhatsApp channel

MENAFN01052024000187011040ID1108160047


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.