The price of Azerbaijani Azeri Light oil on the basis of Cost, insurance and Freight (CIF) in the Italian port of Augusta decreased by $7.2 on March 14, 2022, compared to the previous indicator and amounted to $109.3 per barrel, Trend reports referring to the source in the country's oil and gas market.

The price of Azeri Light fell by $7.2 to $108.2 per barrel, based on FOB in the Turkish port of Ceyhan.

The cost of URALS oil, sold by Azerbaijan from the Russian Black Sea port of Novorossiysk through the Baku-Novorossiysk pipeline, decreased by $9.5 compared to the previous figure, amounting to $74.19 per barrel.

The price of a barrel of Brent Dated oil produced in the North Sea on March 14 fell by $7.3 compared to the previous figure - to $111.6 per barrel.

Official exchange rate is 1.7 AZN/USD on March 15.

https://en.trend.az/business/energy/3569002.html