The price of Azerbaijani Azeri Light crude fell by 1.34% to $91.31 per barrel. Brent stood at $90.16.
AI will summarize what happened, why it matters and what it means for business.
The price of one barrel of Azerbaijani Azeri Light crude on the world market fell by $1.24, or 1.34%, to $91.31.
At the close of trading, the price of October futures for Brent crude stood at $90.16.
The price of Azerbaijani oil in Turkey's Ceyhan on FOB terms fell by $1.18, or 1.32%, to $88.2 per barrel.
Azerbaijan's state budget for this year has set the oil price at $65 per barrel.
Azeri Light oil price was above $92.55 per barrel
The price of Azeri Light crude fell by $1.24 to $91.31 per barrel.
Further price dynamics on global oil markets are expected.
Why crude has several prices, what an Azeri Light premium or discount means and which numbers matter for Azerbaijan.
2 min →