403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Azerbaijani Oil Price Moves Down
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, February 8. The price of
Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian
port of Augusta took a bit of a tumble on February 7, dropping by
$0.5 (0.65 percent) compared to the previous rate, now sitting at
$76.42 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 went down by $0.54 (0.71 percent) to $75.12 per barrel.
The price of URALS crude lowered by $0.51 (0.84 percent) from the previous rate, amounting to $59.68 per barrel.
The price of North Sea benchmark crude, Dated Brent, was $0.5 (0.66 percent) less than the previous rate, standing at $74.53 per barrel.
The official exchange rate for February 8 is 1.7 AZN/USD.
In the state budget of Azerbaijan for 2025, the average price of one barrel of oil was calculated at $70.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment