The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on October 10 decreased by 94 cents and amounted to $93.48 per barrel, AzVision.az reports, referring to the source from the country's oil and gas market.
The price of Azeri Light on FOB basis in the Turkish port of Ceyhan decreased also by 94 cents to $92.45 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 $76.9 per barrel, down by 66 cents as compared to the previous price.
The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by 63 cents compared to the previous price and made up $90.71 per barrel on October 10.
The official rate is 1.7 AZN/1 USD on October 11.
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