The price of Azeri Light on a FOB basis in the Turkish port of Ceyhan increased by $1.59 to $93.91 per barrel.
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 $80.29 per barrel, up by $1.77 as compared to the previous price.
The cost of a barrel of Dated Brent oil, produced in the North Sea, rose by $1.3 compared to the previous price and made up $93.06 per barrel on October 18.
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