BAKU, Azerbaijan, October 24. The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on October 23 decreased by $2.14 and amounted to $95.54 per barrel, TurkicWorld reports, citing a source in the country's oil and gas market.

The price of Azeri Light on FOB base in the Turkish port of Ceyhan decreased by $2.13 (to $93.61 per barrel).

Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline. The price of URALS with shipment from the port equaled $80.15 per barrel, down by $2.11 as compared to the previous price.

The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by $1.91 on October 23 compared to the previous indicator – to $93.09 per barrel.

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