Azerbaijani Oil Prices Decrease


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 23. The price ofAzerbaijani Azeri Light crude oil based on CIF in the Italian portof Augusta on May 22 decreased by 69 cents, standing at $83.54 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 70 cents (to$81.51 per barrel).

The price of URALS equaled $65.51 per barrel, which is 54 centsless than the previous price.

On May 22, the price of a barrel of Dated brent oil produced inthe North Sea fell by 77 cents from the previous indication,reaching $80.73.

The official rate is 1.7 AZN/1 USD on May 23.

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Trend News Agency

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