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Azerbaijani Oil Prices Rise
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 4. On January 3, the
price of Azerbaijan's Azeri Light crude oil on a CIF basis in the
Italian port of Augusta rose by $0.22 compared to the previous
rate, reaching $79 per barrel, Trend reports, citing a source in the country's oil
and gas market.
On a FOB basis in the Turkish port of Ceyhan, the price of Azeri Light increased by $0.21 to $77.73 per barrel.
The price of URALS crude rose by $0.16 from the previous rate, reaching $64.82 per barrel.
The price of North Sea benchmark crude, Dated Brent, rose by $0.23 compared to the previous rate, standing at $76.76 per barrel.
The official exchange rate for January 4 is 1.7 AZN/USD.
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