Baku - The price of Azerbaijani Azeri Light crude oil has shown an increase in the international market, according to a report by Trend. On November 9, the CIF price for Azeri Light crude oil in the Italian port of Augusta rose by $0.88, reaching $86.28 per barrel compared to the previous price.

According to Trend News Agency, Additionally, the price of Azeri LT FOB Ceyhan grew by $0.95 to $84.14 per barrel. Azerbaijan also trades URALS oil from the Russian Black Sea port of Novorossiysk, which saw an increase of $0.79 to $69.81 per barrel. The general market trend was reflected in the North Sea's Dated Brent oil, which increased by $0.88 to $83.58 per barrel on November 10. The official exchange rate on November 11 was 1.7 AZN to 1 USD.