Azerbaijani Oil Prices Take Nosedive


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 3. The price of Azerbaijani Azeri Light crude oil decreased by 13 cents to $81.56 per barrel based on CIF in the Italian port of Augusta on September 2, 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 went down by three cents (to $80.59 per barrel).

The price of URALS equaled $65.37 per barrel, which is 26 cents less than the previous price.

Overall, the price of a barrel of Dated brent oil produced in the North Sea lowered by 37 cents on September 2, compared to the previous indication, to $82.43.

To note, the official exchange rate on September 3 is 1.7 AZN/1 USD.

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Trend News Agency

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