Azerbaijani Oil Prices Shoot Up

(MENAFN - Trend News Agency) BAKU, Azerbaijan, October 17. The cost ofAzerbaijani Azeri Light crude oil grew by $0.51, settling at $75.26per barrel based on CIF in the Italian port of Augusta ...

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( MENAFN - Trend News Agency) BAKU, Azerbaijan, October 17. The cost ofAzerbaijani Azeri Light crude oil grew by $0.51, settling at $75.

26per barrel based on CIF in the Italian port of Augusta on October16, 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 $0.51 (to$73.



71 per barrel). The price of URALS equaled $61.76 per barrel, which is $0.

51more than the previous price. Overall, the price of a barrel of Dated brent oil produced inthe North Sea rose by $0.41 on October 16, compared to the previousindication, to $73.

94. The official exchange rate on October 17 is 1.7 AZN/1 USD.

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