Price for Azeri LT CIF reduces by 1,6 USD

Baku. 27 July. REPORT.AZ/ Today price of Azerbaijani oil "Azeri LT CIF", transported via the ports of Supsa and Batumi and Ceyhan and sold on the world markets, decreased by 1,62 USD or 2,81%.

Report was told in the State Oil Company of Azerbaijan Republic (SOCAR).

According to the information, at the moment the price of oil brand "Azeri LT CIF" makes 56,09 USD a barrel.

At the end of last week Azerbaijani oil made 57,71 USD a barrel.

The minimum price of a oil "Azeri LT CIF" brand was recorded in December 2001 (19.15 USD), and the maximum value of the brand was registered in July 2008 (149.66 USD).