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oil prices Azeri Light CIF oil URALS Azeri LT FOB Ceyhan

Azerbaijani oil prices see minor drop

BAKU, Azerbaijan, September 24. The cost of Azerbaijani Azeri Light crude oil took a slight dip of 51 cents, settling at $77.35 per barrel based on CIF in the Italian port of Augusta on September 23, when stacked against the last figure, TurkicWorld reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan also went down by 51 cents (to $76.28 per barrel).

The price of URALS equaled $61.71 per barrel, which is 75 cents less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by 84 cents on September 23, compared to the previous indication, to $75.17.

The official exchange rate on September 24 is 1.7 AZN/1 USD.

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