Azerbaijani Oil Price Shoots Up


(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 1. The cost of Azerbaijani Azeri Light crude oil increased by 19 cents, settling at $73.85 per barrel based on CIF in the Italian port of Augusta on October 31, 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 went up by 21 cents (to $72.69 per barrel).

The price of URALS was $60.76 per barrel, 14 cents more than the previous price.

Overall, the price of a barrel of Dated brent oil produced in the North Sea grew by 17 cents on October 31, compared to the previous indication, to $73.36.

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

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Trend News Agency

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