Global Crude Oil Prices: Azeri Light Trades Above $122 per Barrel

Fresh price benchmarks for key global and regional crude oil grades have been recorded across international energy commodity exchanges.

Global benchmark Brent crude stands at $119.52 per barrel. Azerbaijan's flagship sweet crude, Azeri Light, is trading at $122.49 per barrel on a CIF delivery basis. Meanwhile, on an FOB Ceyhan terminal basis (BTC FOB), Azeri Light is quoted at $112.12 per barrel. Russian export blend Urals crude is priced at $90.00 per barrel.

N. Tebrizli