Azeri Light crude trades at $119.54 as Brent crosses $120 mark

Current trading benchmarks for major international crude grades have been updated across physical and exchange markets.

The global benchmark Brent crude settled at $120.31 per barrel.

Azerbaijan's flagship crude grade, Azeri Light, traded at $119.54 per barrel, while Azeri Light on a FOB Ceyhan basis (BTC FOB Ceyhan) was priced at $115.55 per barrel. Concurrently, Russia's benchmark export blend Urals traded at $91.27 per barrel.

N.Tebrizli