Price of Azerbaijani oil increases

  07 February 2025    Read: 302
  Price of Azerbaijani oil increases

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta increased by $0.12 (0.15 percent) on February 7 compared to the previous rate, standing at $79.62 per barrel, AzVision.az 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 also went up by $0.07 (0.09 percent) to $75.66 per barrel.

The price of URALS crude lowered by $0.36 (0.59 percent) from the previous rate, amounting to $60.19 per barrel.

The price of North Sea benchmark crude, Dated Brent, rose by $0.2 (0.26 percent) compared to the previous rate, at $75.03 per barrel.

The official exchange rate for February 7 is 1.7 AZN/USD.

 


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