Azeri Light Nears $105 as Global Benchmark Brent Breaches $101

Azerbaijan's flagship Azeri Light crude advanced to $104.98 a barrel, market data showed, driven by broad-based gains across global energy benchmarks.

International benchmark Brent crude climbed past triple digits to trade at $101.69 a barrel. Azeri BTC crude on an FOB Ceyhan basis changed hands at $102.19, while Russia's benchmark Urals grade was priced at $78.81 a barrel.

N.Tebrizli