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oil prices Azeri Light CIF oil URALS Azeri LT FOB Brent Dated

Azerbaijani oil price drops

BAKU, Azerbaijan, July 16. The cost of Azerbaijani Azeri Light crude oil has decreased by $0.92, reaching $89.43 per barrel based on CIF in the Italian port of Augusta on July 15, compared to the previous reading, TurkicWorld reports, referring to the source from the country's oil and gas market.

The price of Azeri LT FOB Ceyhan fell by $0.9 (to $88.07 per barrel).

The price of URALS equaled $73.58 per barrel, which is $1 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $1.05 on July 15, compared to the previous indication, to $86.67.

The official rate is 1.7 AZN/1 USD on July 16.

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