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Azerbaijani oil price keeps rising


BAKU: The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on March 1 increased by $2.17 and amounted to $89.68 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 grew by $2.17 (to $88.52 per barrel).

The price of URALS equaled $68.75 per barrel, which is $2.18 more than the previous price.

In general, the price of a barrel of Dated Brent oil produced in the North Sea rose by $2.9 on March 1 compared to the previous indication, to $87.5.

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

Source: Trend News Agency