Azerbaijani Oil Price Surges
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 8. The price of
Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian
port of Augusta rose by $0.16 on January 7 compared to the previous
rate, reaching $79.63 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 $0.43 to $78.46 per barrel.
The price of URALS crude grew by $0.16 compared to the previous
price and amounted to $65.51 per barrel.
The price of North Sea benchmark crude, Dated Brent, hiked by
$0.26 compared to the previous rate, standing at $77.89 per
barrel.
The official exchange rate for January 8 is 1.7 AZN/USD.
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