Azerbaijani Oil Prices Go Down


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 4. The price ofAzerbaijani Azeri Light crude oil based on CIF in the Italian portof Augusta on May 3 stood at $85.27 per barrel, down $0.69 from theprevious indication, Trend reports, referring to the source from thecountry's oil and gas market.

The price of Azeri LT FOB Ceyhan decreased by $0.68 (to $83.76per barrel).

The price of URALS equaled $67.06 per barrel, which is $0.25less than the previous price.

In total, a barrel of North Sea Dated Brent oil yielded on May 3was priced at $83.3, down $0.63 from the prior week.

The official rate is 1.7 AZN/1 USD on May 4.

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