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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
See also

Azeri Light crude rises to $113.32

Azerbaijan’s strategic reserves hit $90.77 billion

Oil prices continue to rise

Azeri Light climbs above $107

CBA's foreign exchange reserves reach historic high

Oil prices climb on global markets

Oil prices continue to rise in global markets

Oil prices rise again on global markets

Azeri Light climbs above $101 per barrel

Azeri Light climbs above $97 per barrel

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