Azerbaijani Oil Prices Decline

2025-05-16 03:06:02

(MENAFN- AzerNews)

The price of Azerbaijan's "Azeri Light" crude oil has declined at Italy's Augusta port. Based on the CIF (Cost, Insurance, and Freight) basis, the price fell by $1.70, or 2.49%, compared to the previous rate, settling at $66.65 per barrel, Azernews reports.

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