Azerbaijani Oil Prices Increase


(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 1. The price of Azerbaijani Azeri Light crude oil increased by $2.25 to $84.02 per barrel based on CIF in the Italian port of Augusta on July 31, compared to the previous reading, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan grew by $2.18 (to $82.72 per barrel).

The price of URALS equaled $68.57 per barrel, which is $2.36 more than the previous price.

Overall, the price of a barrel of Dated brent oil produced in the North Sea rose by $2.31 on July 31, compared to the previous indication, to $81.45.

The official exchange rate for August 1 stands at 1.7 AZN/1 USD.

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Trend News Agency

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