The price of Azerbaijan's Azeri Light crude oil increased by 7.64% to $98.19 per barrel. Brent crude traded at $91.2.
AI will summarize what happened, why it matters and what it means for business.
The price of a barrel of Azerbaijani Azeri Light crude oil on the world market rose by $6.97, or 7.64%, to $98.19.
At the close of trading, the price of September futures for Brent crude oil stood at $91.2.
The price of Azerbaijani oil in Turkey's Ceyhan on FOB terms increased by $7.23, or 8.32%, to $94.12 per barrel.
Azerbaijan's state budget for this year has set the oil price at $65.
Generated by AI. Please check key details when accuracy matters.
Azeri Light oil price was below $98.19
Azeri Light price rose 7.64% to $98.19
Brent traded at $91.2
State budget for this year assumes oil at $65
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