403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Azerbaijani Oil Price Surges
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 15. The price of
Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian
port of Augusta on May 15 increased by $0.13 (0.19 percent)
compared to the previous rate, now sitting at $68.35 per barrel,
Trend reports,
citing a source in the country's oil and gas market.
On an FOB basis in the Turkish port of Ceyhan, the price of Azeri Light went up by $0.12 (0.18 percent) to $67.05 per barrel.
Meanwhile, the price of URALS crude declined by $0.18 (0.34 percent) from the previous rate, amounting to $53.29 per barrel.
North Sea benchmark crude, Dated Brent, fell by $0.14 (0.21 percent) in price from the previous rate and reached $65.94 per barrel.
The official exchange rate as of May 15 is 1.7 AZN/1 USD.
The average price of a barrel of oil in the state budget of Azerbaijan for 2025 is estimated 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