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Azerbaijani oil falls in price

BAKU: The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on April 18 decreased by $3.02, standing at $88.51 per barrel, compared to the previous indicator, Trend reports, referring to the source from the country’s oil and gas market.

The price of Azeri LT FOB Ceyhan declined by $3.01 (to $86.84 per barrel).

The price of URALS equaled $70.73 per barrel, which is $1.68 lower than the previous price.

On April 18, the price of a barrel of Dated Brent oil produced in the North Sea fell by $1.57 from the previous indication, reaching $88.09.

The official rate is 1.7 AZN/1 USD on April 19.

Source: Trend News Agency