Oil price increases in global markets
Ulviyya Shahin
Read moreOil has become more expensive in the global markets, Azernews reports.
The price of one barrel of "Brent" oil on London's ICE ("InterContinental Exchange Futures") exchange increased by $0.5 to $79.66.
On the NYMEX ("New York Mercantile Exchange") exchange of New York, the price of one barrel of "Light" oil increased by $0.65 and amounted to $76.84.
The price of Azerbaijani Azeri Light crude oil increased by $0.54 to $83.38 per barrel based on CIF in the Italian port of Augusta on August 9, compared to the previous reading.
The price of Azeri LT FOB Ceyhan grew by $0.55 (to $82.22 per barrel).
The price of URALS equaled $68.5 per barrel, which is $0.55 up from the previous price.
Overall, the price of a barrel of Dated Brent oil produced in the North Sea went up by $0.52 on August 9, compared to the previous indication, to $81.62.
The official exchange rate for August 10 stands at 1.7 AZN/1 USD.
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