Azerbaijani Oil Moves Upwards in Price
2025-01-16 14:52
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Wedoany.com Report-Jan 16, The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta grew by $1.22 on January 15 compared to the previous rate, reaching $84.78 per barrel, Trend reports, citing a source in the country's oil and gas market.
On a FOB basis in the Turkish port of Ceyhan, the price of Azeri Light went up by $1.17 to $83.69 per barrel.
The price of URALS crude rose by $1.16 from the previous rate, amounting to $70.13 per barrel.
The price of North Sea benchmark crude, Dated Brent, also increased by $1.16 compared to the previous rate, standing at $83.06 per barrel.
The official exchange rate for January 16 is 1.7 AZN/USD.
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