Azerbaijani oil prices increase 

  04 January 2025    Read: 786
Azerbaijani oil prices increase 

On January 3, the price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.22 compared to the previous rate, reaching $79 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 increased by $0.21 to $77.73 per barrel.

The price of URALS crude rose by $0.16 from the previous rate, reaching $64.82 per barrel.

The price of North Sea benchmark crude, Dated Brent, rose by $0.23 compared to the previous rate, standing at $76.76 per barrel.

The official exchange rate for January 4 is 1.7 AZN/USD.


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