Azerbaijani Oil Price Marginally Declines


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 19. The cost of Azerbaijani Azeri Light crude oil took a slight dip of $1,87, settling at $73.26 per barrel based on CIF in the Italian port of Augusta on October 18, when stacked against the last figure, Trend reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan also went down by $1,87 (to $71.7 per barrel).

The price of URALS equaled $60.32 per barrel, which is $1.57 less than the previous price.

Overall, the price of a barrel of Dated brent oil produced in the North Sea declined by $1.53 on October 18, compared to the previous indication, to $72.55.

The official exchange rate on October 19 is 1.7 AZN/1 USD.

MENAFN19102024000187011040ID1108796872


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.