The price of Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port of Augusta rose by $0.81, or 0.6%, from the previous level to $131.62 per barrel, according to oil market participants.
The price of Azeri Light on a FOB basis at the Turkish port of Ceyhan increased by $0.64, or 0.5%, to $120.70 per barrel.
Brent crude futures declined around 1.7% to $104.82 a barrel, while West Texas Intermediate crude traded at $92, down 1.85%.
