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Azerbaijani Oil Prices Increase
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 7. The price of
Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian
port of Augusta rose by $0.48 on January 6 compared to the previous
rate, reaching $79.48 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 $0.57 to $78.3 per barrel.
The price of URALS crude grew by $0.53 compared to the previous price and amounted to $65.35 per barrel.
The price of North Sea benchmark crude, Dated Brent, hiked by $0.81 compared to the previous rate, standing at $77.57 per barrel.
The official exchange rate for January 7 is 1.7 AZN/USD.
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