Azeri Light

Oil prices rise: Brent above 100 dollars per barrel

Oil prices rose Friday as investors weighed the risk of renewed military escalation between the U.S. and Iran following the midterm elections, alongside prospects for a diplomatic breakthrough.

Oil prices drop despite Strait of Hormuz attacks

Oil prices were mixed Thursday following a sharp selloff in the previous session as traders assessed the outlook for U.S.-Iran relations and recovering oil supplies from the Middle East.

Azeri Light price exceeds 131 dollars per barrel

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.

Azerbaijani Azeri Light oil shifts down in price

The price of Azerbaijan’s Azeri Light crude on a CIF basis at the Italian port of Augusta decreased by $5.54, or 4.53%, compared with the previous figure, to $116.83 per barrel.

Azeri Light oil scales up in price

The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port increased by $5.14 from the previous level to $113.32 per barrel, a source in the oil market said.

Global oil prices continue to rise

The price of Brent crude oil futures for October on the London exchange rose above $85 per barrel, with WTI and Azerbaijani crude also climbing.

Azeri Light oil nears 100 dollars

The price of Azerbaijan's Azeri Light crude oil increased by $6.97, or 7.64%, from the previous session to $98.19 per barrel.

Azeri Light oil price soars to over 130 dollars

The price of Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF basis, moved up by $4.3, or 3.36%, on March 31 from the previous level, coming in at $132.35 per barrel, a source in the oil market said.

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