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Azerbaijani oil price faces decline

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Azerbaijani oil price faces decline

The price of Azerbaijani Azeri Light crude oil decreased by $0.25 to $78.3 per barrel based on CIF in the Italian port of Augusta on September 4, compared to the previous reading.

Axar.az reports that the price of Azeri LT FOB Ceyhan went down by $0.24 (to $77.34 per barrel).

The price of URALS equaled $61.52 per barrel, which is $0.42 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea lowered by $0.6 on September 4, compared to the previous indication, to $75.23.

To note, the official exchange rate on September 5 is 1.7 AZN/1 USD.
Date
2024.09.05 / 10:28
Author
Axar.az
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