The price of Azerbaijani Light on FOB base in the Turkish port of Ceyhan amounted to $88.64 per barrel, up by $0.39 compared to the previous price.
Azerbaijan also sells its URALS oil from the Russian Black Sea port of Novorossiysk, delivering it through the Baku-Novorossiysk pipeline. The price of URALS with shipment from the port equaled $71.35 per barrel, up by $0.61 as compared to the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in the North Sea, increased by $0.64 compared to the previous price and made up $86.4 per barrel on August 21.
The official rate is 1.7 AZN/1 USD on August 22.
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