BAKU, Azerbaijan, December 7. The price point for Azerbaijani Azeri Light crude oil experienced a downward adjustment of 97 cents, concluding at $74.43 per barrel on a CIF basis in the Italian port of Augusta as of December 6, when compared to the previous metric, 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 97 cents (to $73.15 per barrel).
The price of URALS was $59.29 per barrel, $1.12 less than the previous price.
Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $1.15 on December 6, compared to the previous indication, to $72.74.
The official exchange rate on December 7 is 1.7 AZN/1 USD.
