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Azerbaijani oil price marginally declines

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Azerbaijani oil price marginally declines

The cost of Azerbaijani Azeri Light crude oil took a slight dip of $1,87, settling at $73.26 per barrel based on CIF in the Italian port of Augusta on October 18, when stacked against the last figure.

Axar.az reports that the price of Azeri LT FOB Ceyhan also went down by $1,87 (to $71.7 per barrel).

The price of URALS equaled $60.32 per barrel, which is $1.57 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $1.53 on October 18, compared to the previous indication, to $72.55.

The official exchange rate on October 19 is 1.7 AZN/1 USD.

Date
2024.10.19 / 10:30
Author
Axar.az
See also

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Azerbaijan boosts oil exports to Bulgaria in early 2026

Global oil prices continue to fall

Oil prices plunge after Iran opens Strait of Hormuz

Global oil prices announced

Rail transport of food products up 51% in March

Azeri Light drops nearly 6% in value

Russia’s oil export revenues jump to $19B in March

Euro rise against manat

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