Azerbaijan's Azeri Light crude rises to $96.68 per barrel

The price of Azerbaijan's benchmark crude, Azeri Light, rose to $96.68 per barrel on the global market on a CIF delivery basis.

On a FOB basis at the Turkish port of Ceyhan (BTC FOB), Azeri Light traded at $93.04 per barrel. Meanwhile, SOCAR Brent crude settled at $94.03 per barrel, and Russian Urals crude stood at $69.63 per barrel.