Azerbaijani Oil Price Hikes

( MENAFN - Trend News Agency) BAKU, Azerbaijan, October 26. The cost ofAzerbaijani Azeri Light crude oil grew by $1.31, settling at $75.

63per barrel based on CIF in the Italian port of Augusta on October25, when stacked against the last figure, Trend reports, referringto the source from the country's oil and gas market. The price of Azeri LT FOB Ceyhan also went up by $1.32 (to$75.



16 per barrel). The price of URALS equaled $63.56 per barrel, which is $1.

32more than the previous price. Overall, the price of a barrel of Dated brent oil produced inthe North Sea rose by $1.32 on October 25, compared to the previousindication, to $75.

84. The official exchange rate on October 26 is 1.7 AZN/1 USD.

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