Azeri Light Oil Price Surges to $101.87 Per Barrel
The price of Azeri Light crude oil has increased to $101.87 per barrel on the global market, according to recent data.
This represents a rise of $3.29 or 3.33% from the previous day's price, Report informs, citing a source in the oil market.
The current price of September futures for Brent crude stands at $96.57 per barrel following the latest trading session.
In terms of exports, the price of one barrel of Azeri Light crude on an FOB basis rose by $3.39 or 3.6% to $98.25 at Türkiye's Ceyhan port.