BAKU, Azerbaijan, November 18. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on November 17 increased by $1.67 and amounted to $83.67 per barrel compared to the previous indicator, TurkicWorld reports, referring to the source from the country's oil and gas market.
The price of Azeri LT FOB Ceyhan grew by $1.74 and amounted to $81.86 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 $65.94 per barrel, which is $1.64 more than the previous price.
In general, the cost of a barrel of Dated Brent oil produced in the North Sea increased by $1.93 on November 17 compared to the previous indicator, to $80.08 per barrel.
The official rate is 1.7 AZN/1 USD on November 18.