Price of Azerbaijani oil goes down 

 The price for Azerbaijani Azeri Light oil on a CIF basis in the Italian port of Augusta on October 30 decreased by 60 cents and amounted to $91.65 per barrel, Trend reports, citing a source in the country’s oil and gas market.

The price of Azeri Light on FOB base in the Turkish port of Ceyhan decreased by 66 cents (to $89.54 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 $75.94 per barrel, down by 75 cents as compared to the previous price.

The cost of a barrel of Dated Brent oil, produced in the North Sea, fell by 23 cents on October 30 compared to the previous indicator, to $89 per barrel.

The official rate is 1.7 AZN/1 USD on October 31.

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