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Azerbaijani Oil Declines In Price
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 28. The price of
Azerbaijan's Azeri Light crude at Italy's Augusta port, on a CIF
(Cost, Insurance, and Freight) basis, decreased by $4.18, or 3.93%,
on May 27 from the previous level, coming in at $102.3 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 $4.15, or 3.98%, to $100.07 per barrel.
The price of URALS crude decreased by $4.74, or 5.85%, to $76.26 per barrel, while Brent Dated crude from the North Sea dropped by $4.19, or 4.04%, to $99.59 per barrel.
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