In Baku, Azerbaijan, the price of Azerbaijani Azeri Light crude oil dropped by $0.92 to $89.43 per barrel CIF in the Italian port of Augusta on July 15, according to reports from the country’s oil and gas market.
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Azeri LT FOB Ceyhan also saw a decrease of $0.9, settling at $88.07 per barrel. Meanwhile, URALS oil priced at $73.58 per barrel, marking a $1 reduction from its previous rate. Additionally, Dated Brent oil, sourced from the North Sea, fell by $1.05 to $86.67 per barrel on July 15 compared to earlier figures.