Azerbaijani oil prices come down


BAKU: The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on July 11 decreased by $0,2 standing at $89.82 per barrel, compared to the previous indicator, Trend reports, referring to the source from the country’s oil and gas market.

Concurrently, Azeri LT FOB Ceyhan also decreased by $0,01 in price (to $88.44 per barrel).

The price of URALS equaled $74.11 per barrel, which is $0,19 more than the previous price.

Additionally, on July 11, the price of a barrel of Dated Brent oil produced in the North Sea increased by $0,24 from the previous indication to $87.32.

The official rate is 1.7 AZN/1 USD on July 12.

Source: Trend News Agency