BAKU, Azerbaijan, October 16. The cost of Azerbaijani Azeri Light crude oil took a slight dip of $3,93, settling at $74.75 per barrel based on CIF in the Italian port of Augusta on October 15, 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 $3,99 (to $73.2 per barrel).
The price of URALS equaled $61.25 per barrel, which is $3.95 less than the previous price.
Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $4.28 on October 15, compared to the previous indication, to $73.53.
The official exchange rate on October 16 is 1.7 AZN/1 USD.
