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Azerbaijani Oil Moves Down In Price
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 27. The price of
Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF
(Cost, Insurance, and Freight) basis, decreased by $3.57, or 3.24%,
on May 26 from the previous level, coming in at $106.48 per barrel,
a source in the oil market told Trend .
At Türkiye's Ceyhan port, the FOB (Free on Board) price of Azeri Light crude went down by $3.51, or 3.26%, to $104.22 per barrel.
The price of URALS crude decreased by $4.05, or 4.76%, to $81 per barrel, while Brent Dated crude from the North Sea dipped by $3.45, or 3.22%, to $103.78 per barrel.
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