BAKU: The cost of Azerbaijani Azeri Light crude oil has decreased by $0.41 to $85.34 per barrel based on CIF in the Italian port of Augusta on July 25, compared to the previous reading, Trend reports, referring to the source from the country’s oil and gas market.

The price of Azeri LT FOB Ceyhan fell by $0.41 (to $84.1 per barrel).

The price of URALS equaled $69.74 per barrel, which is $0.18 less than the previous price.

Overall, the price of a barrel of Dated Brent oil produced in the North Sea declined by $0,34 on July 25, compared to the previous indication, to $82.66.

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

Source: Trend News Agency