Azerbaijan's Azeri LT CIF oil price has surged to $98.19 per barrel, up by $6.97 or 7.64% in the world market.
This increase comes as September futures for Brent crude were traded at $91.2 per barrel.
The price of a barrel of Azerbaijani oil, Azeri LT CIF, on Free on Board (FOB) basis at Türkiye's Ceyhan port rose by $7.23 or 8.32%, amounting to $94.12.
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