Azerbaijani oil trades above $96 per barrel

The price of Azerbaijan’s Azeri Light crude oil rose by $1.11, or 1.17%, to $96.69 per barrel on a CIF basis.

Following the latest trading session, Brent crude September futures settled at $90.43 per barrel. Azeri Light on an FOB basis at Türkiye’s Ceyhan port climbed to $92.89 per barrel.