Azerbaijani Oil Price Hikes


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. The cost of Azerbaijani Azeri Light crude oil grew by $1.31, settling at $75.63 per barrel based on CIF in the Italian port of Augusta on October 25, 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 up by $1.32 (to $75.16 per barrel).

The price of URALS equaled $63.56 per barrel, which is $1.32 more than the previous price.

Overall, the price of a barrel of Dated brent oil produced in the North Sea rose by $1.32 on October 25, compared to the previous indication, to $75.84.

The official exchange rate on October 26 is 1.7 AZN/1 USD.

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Trend News Agency

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