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oil prices Azeri Light CIF oil

Azerbaijani oil falls in price

BAKU, Azerbaijan, May 2. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on May 1 fell by $2.47, standing at $86.63 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 decreased by $2.44 (to $85.06 per barrel).

The price of URALS equaled $68.08 per barrel, which is $2.58 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea decreased by $3.05 on May 1, compared to the previous indication, and amounted to $84.92.

The official rate is 1.7 AZN/1 USD on May 2.

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