Azerbaijani Oil Pricing Experiences Downward Trajectory
Date
11/7/2024 2:11:30 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 7. The price point
for Azerbaijani Azeri Light crude oil experienced a downward
adjustment of $0.53, concluding at $77 per barrel on a CIF basis in
the Italian port of Augusta as of November 6, when compared to the
previous metric, Trend reports, referring to the source from the
country's oil and gas market.
The price of Azeri LT FOB Ceyhan went down by $0.53 (to $75.87
per barrel).
The price of URALS was $63.35 per barrel, $0.74 less than the
previous price.
Overall, the price of a barrel of Dated brent oil produced in
the North Sea declined by $0.82 on November 6, compared to the
previous indication, to $76.12.
The official exchange rate on November 7 is 1.7 AZN/1 USD.
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